{"id":960725,"date":"2025-09-11T10:48:34","date_gmt":"2025-09-11T05:18:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=960725"},"modified":"2025-09-11T10:57:03","modified_gmt":"2025-09-11T05:27:03","slug":"alibaba-to-raise-3-2-billion-via-convertible-bond-to-fund-cloud-growth","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/11\/alibaba-to-raise-3-2-billion-via-convertible-bond-to-fund-cloud-growth\/","title":{"rendered":"Alibaba to raise $3.2 billion via convertible bond to fund cloud growth"},"content":{"rendered":"<p>China ecommerce leader Alibaba on Thursday said it plans to raise about $3.2 billion through the sale of a zero-coupon convertible bond to fund international expansion and to strengthen its cloud computing business. <\/p>\n<p>Alibaba, among China&#8217;s most aggressive adopters of artificial intelligence, said it would use nearly 80% of the proceeds to expand data centres, upgrade technology and improve services to meet rising demand for cloud computing solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China ecommerce leader Alibaba on Thursday said it plans to raise about $3.2 billion through the sale of a zero-coupon convertible bond to fund international expansion and to strengthen its cloud computing business. Alibaba, among China&#8217;s most aggressive adopters of artificial intelligence, said it would use nearly 80% of the proceeds to expand data centres, upgrade technology and improve services to meet rising demand for cloud computing solutions.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-960725","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=960725"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960725\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=960725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=960725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=960725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}