London (CNN Business) China's Alibaba will add 5,000 jobs to its cloud computing division between now and the end of the year as the coronavirus crisis stimulates demand for streaming, video calls and data storage. Jeff Zhang, president of Alibaba Cloud Intelligence, said in a statement. The jobs announcement comes after Alibaba committed in April to spend 200 billion yuan ($28 billion) over the next three years to build more data centers. Cloud revenue at the tech giant grew to 40 billion yuan ($5.7 billion) in fiscal year 2020, an increase of 62% over the previous year. But there are still companies hiring amid the economic calamity as changing consumer habits compel firms in a wide variety of industries to stock up on talent.

Source: CNN June 09, 2020 15:18 UTC