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China's cloud service market has taken a leading role in the world in terms of growth, with Alibaba Cloud still in pole position and Baidu Cloud's revenue witnessing the fastest growth increase.
In terms of the global cloud computing market, Alibaba Cloud was among the world's top three cloud service vendors in 2021 following Amazon and Microsoft, according to data from global market consultancy IDC.
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In terms of the global cloud computing market, Alibaba Cloud was among the world's top three cloud service vendors in 2021 following Amazon and Microsoft, according to data from global market consultancy IDC.
$阿里巴巴-SW (09988.HK)$ $阿里巴巴 (BABA.US)$ $百度 (BIDU.US)$ $百度集团-SW (09888.HK)$ $亚马逊 (AMZN.US)$ $微软 (MSFT.US)$
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The market share of Tencent Cloud grew to 15.7 percent in Q1 from 13.7 percent in the same period last year. This year the company will focus on profitable growth rather than business volume growth.
China's top four cloud service vendors — Alibaba Cloud, Huawei Cloud, Tencent Cloud and Baidu AI Cloud — accounted for 79 percent of total expenditure in China in Q1, up 19 percent year-on-year.
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China's top four cloud service vendors — Alibaba Cloud, Huawei Cloud, Tencent Cloud and Baidu AI Cloud — accounted for 79 percent of total expenditure in China in Q1, up 19 percent year-on-year.
$腾讯控股 (00700.HK)$ $腾讯控股(ADR) (TCEHY.US)$ $华为鸿蒙 (BK0795)$ $阿里巴巴 (BABA.US)$ $阿里巴巴-SW (09988.HK)$ $百度集团-SW (09888.HK)$ $百度 (BIDU.US)$
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$百度 (BIDU.US)$ time to buy
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