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Alibaba touts 50% cloud growth as it lays claim to Asia Pacific leadership
Alibaba Group’s cloud computing revenue grew by 50 per cent year-on-year in the company’s 2021 fiscal year, despite losing a major customer in the March quarter.
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AWS and Microsoft clash for the 2020 global public cloud revenue crown
The global public cloud services market grew 34.1 per cent to US$312 billion, in 2020, with AWS and Microsoft duking it out for number one spot.
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AWS storms ahead as Q3 global cloud market surges
The cloud market continued to see strong growth during Q3, with standout AWS generating more revenue than the next three largest CSPs combined.
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Alibaba cloud division to hit profit by next FY
Chinese tech giant Alibaba's cloud unit expects to be profitable within 2021, a senior executive said on Wednesday.
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Alibaba beats estimates as coronavirus fuels online, cloud computing demand
Alibaba Group beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses continued to grow following China's emergence from the coronavirus lockdown.
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