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Alibaba Health Revises Annual Caps and Renews Cloud Services Agreement

Story Highlights
  • Alibaba Health revises annual caps for platform and software services to meet business needs.
  • The company renews its cloud computing agreement, ensuring continued collaboration with Alibaba Cloud.
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Alibaba Health Revises Annual Caps and Renews Cloud Services Agreement

An update from Alibaba Health Information Technology ( (HK:0241) ) is now available.

Alibaba Health Information Technology Limited announced revisions to its annual caps for the 2025–2027 Platform and Software Services Framework Agreements, citing insufficient original caps to meet business needs. Additionally, the company renewed its Cloud Computing Services Framework Agreement for 2026–2027, ensuring continued collaboration with Alibaba Cloud. These strategic adjustments aim to align with business growth and compliance with listing rules, reinforcing Alibaba Health’s operational capabilities and market positioning.

More about Alibaba Health Information Technology

Alibaba Health Information Technology Limited operates in the health information technology sector, providing platform and software services, as well as cloud computing services. The company focuses on leveraging technology to enhance healthcare services and products, primarily through its association with Alibaba Group’s platforms like Taobao and Tmall.

YTD Price Performance: 69.81%

Average Trading Volume: 14,307

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $11.18B

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