Alibaba leads cloud service market in China in Q1

Alibaba leads cloud service market in China in Q1
Alibaba to bet big on small merchants for Singles Day with RMB 2 billion subsidiesIn the first quarter, China’s cloud service spending rose by 20% year-over-year to $9.2 billion, according to the latest data from market research firm Canalys. The market continues to be dominated by the three giants—Alibaba Cloud, Huawei Cloud, and Tencent Cloud—which collectively grew 22% year-over-year and held 72% of the total market share. Alibaba Cloud […]

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