China Cloud services spend exceeds $5 billion in Q3, Alibaba leads
NEW DELHI: Alibaba Cloud remained the leader in the China Cloud services market in Q3 with a 41 per cent market share and continued strong growth. The China Cloud infrastructure spend grew 65 per cent in Q3 2020 to exceed $5 billion for the first time, acceding to the data provided by the global market […]
Alibaba Cloud to invest $28 billion to boost Cloud infrastructure
NEW DELHI: Alibaba Cloud, the data intelligence backbone of Alibaba Group, on Monday announced to invest additional approximately $28 billion (RMB 200 billion) in the next three years on its cloud infrastructure, focusing on technologies including operating system, servers, chips and network. The company said in a statement that it is committed to offering enhanced […]