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Alibaba Cloud to Adjust Prices of Domestic SMS Service Products from May 20
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BABA-W (09988.HK)'s Alibaba Cloud announced that, against the backdrop of enhanced safety and compliance supervision of SMS services in mainland China and overall proliferating costs of SMS services, it has conducted a prudent assessment and will adjust the prices of its domestic SMS service products starting May 20. The adjustments cover pay-as-you-go domestic SMS and domestic SMS general package plans. The new prices will take effect on the same day. Services under package plans already purchased will not be affected by this price adjustment, and the new prices will apply from the next renewal cycle. Alibaba Cloud raised product prices multiple times in March. Citing soaring procurement costs of core industry hardware, it increased prices for computing power card services such as T-Head Zhenwu 810E and the CPFS (Intelligent Computing Edition) storage system, with increments ranging from 5% to 34%, effective last Saturday (18th). Meanwhile, in order to continuously ensure stable supply of underlying hardware, enhance platform operation and maintenance service quality, and address changes in computing power market costs, the company moderately adjusted service prices for certain MU (Model Unit) model units starting May 15. The affected product is the large model service platform Bailian, with price increases ranging from 2% to 7%. Auto-translated by AI AASTOCKS Financial News |
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