Alibaba maintains leads in China’s hot cloud computing market as Tencent and Baidu play catch-up

//Alibaba maintains leads in China’s hot cloud computing market as Tencent and Baidu play catch-up

Alibaba maintains leads in China’s hot cloud computing market as Tencent and Baidu play catch-up

Alibaba Group Holding maintained its lead in China’s cloud computing market in the second quarter of 2019 while Tencent Holdings and Baidu chalked up strong growth, according to a recent report released by research firm Canalys.China’s cloud infrastructure services market grew rapidly in the second quarter of 2019, with total spending up 58 per cent year-on-year at US$2.3 billion. Alibaba remains the clear leader, with a 43 per cent market share. Tencent Cloud ranked second with a share of 17.4…

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By | 2019-09-17T23:00:14+00:00 September 17th, 2019|Technology|Comments Off on Alibaba maintains leads in China’s hot cloud computing market as Tencent and Baidu play catch-up