MongoDB And Alibaba Cloud A 4-Year Extension To Their Strategic Global Partnership
Portfolio Pulse from Happy Mohamed
MongoDB (NASDAQ: MDB) and Alibaba Cloud (NYSE: BABA) have extended their strategic global partnership for another four years. The collaboration has led to an 8x growth in usage since 2019, with customers using ApsaraDB for MongoDB on Alibaba Cloud to build scalable applications.
May 25, 2023 | 1:03 pm
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POSITIVE IMPACT
Alibaba Cloud extends its partnership with MongoDB for four more years, resulting in increased usage of ApsaraDB for MongoDB on its platform.
The extended partnership with MongoDB will likely lead to increased adoption of ApsaraDB for MongoDB on Alibaba Cloud, benefiting Alibaba Cloud's growth and revenue. The collaboration has already led to an 8x growth in usage since 2019, and further integration of services is expected to attract more customers across various industries.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
MongoDB extends its partnership with Alibaba Cloud for four more years, leading to increased usage of ApsaraDB for MongoDB on Alibaba Cloud.
The extended partnership between MongoDB and Alibaba Cloud will likely lead to increased adoption of ApsaraDB for MongoDB, benefiting MongoDB's growth and revenue. The partnership has already led to an 8x growth in usage since 2019, and further integration of services is expected to attract more customers across various industries.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100