Wednesday, October 11, 2017

Alibaba Sizes Up Facebook, Amazon With R&D Funding Splurge

Chinese e-commerce giant Alibaba says it will nearly triple spending on research and development, to more than $15 billion over the next three years, as it seeks to keep pace with Western rivals such as Alphabet and Amazon.

from WSJ.com: US Business http://ift.tt/2hB0efM
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