Microsoft wins Gap cloud business

|By:, SA News Editor

Microsoft (NASDAQ:MSFT) wins the cloud business of retailer Gap in a blow to Amazon (NASDAQ:AMZN) Web Services.

The five-year deal includes the Azure cloud, the Microsoft 365 package, and the Power BI business-intelligence software. 

Earlier this year, Microsoft announced a cloud deal with Walmart that recently expanded into a joint engineering office. Rival Google has picked up cloud business from Best Buy and Home Depot as retailers move away from Amazon, which serves as a competitor through its e-commerce platform. 

Microsoft shares are down 0.6% premarket to $111.05.  

Previously: Microsoft and Walmart will open joint engineering office (Nov. 5)

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