Alibaba Revenue was 114,314 million yuan (US$16,144 million) in Q1 2020, an increase of 22% year-over-year. The total revenues for its fiscal year reached 509,711 million yuan (US$71,985 million), an increase of 35% year-over-year.
China Cloud Computing
There are many China cloud services providers including Alibaba Cloud (Aliyun), Tencent, Baidu, JD, three state-owned telecoms (China Mobile, China Telecom, China Unicom), etc.
Alibaba Cloud, a.k.a. Ali Cloud, has the largest market share in China's cloud computing market.
China Cloud Computing Market Forecast
By 2021, more than 90% of Chinese enterprises will rely on a combination of local / exclusive private cloud, multiple public clouds, and legacy platforms to meet their infrastructure needs, according to IDC.
By 2022, 50% of enterprises will deploy unified VMS, Kubernetes, and multi-cloud management processes and tools to support multi-cloud management and governance across local and public cloud deployments.
By 2022, 60% of China's top 500 enterprises will invest in the automation, orchestration and development life cycle management of cloud native applications and platforms.
By 2023, 90% of new digital services will use services provided by the public cloud and internal APIs to build composite applications; half of them will use artificial intelligence (AI) and machine learning (ML).
By 2023, 50% of Chinese enterprise applications will be deployed in a containerized hybrid / multi-cloud environment to provide an agile, seamless deployment and management experience.
By 2024, 10% of the internal workload of the enterprise will be supported by the public cloud stack outside the data center of the public cloud service provider, located in the customer data center and at the edge.
By 2024, 55% of Chinese enterprises will reduce the cost and complexity of enterprise application customization by investing in SaaS applications and platforms in specific industries.
By 2024, 50% of large Chinese enterprises will rely on the help of third-party service providers (SPs) in container, open-source and cloud-native application development.
By 2025, 50% of China's enterprise IT infrastructure spending will be allocated to the public cloud, and a quarter of enterprise IT applications will run on public cloud services.
Cloudflare announced a significant strategic partnership with JD Cloud & AI, the cloud and intelligent technology business unit of JD.com (Jingdong).
Alibaba Cloud, or called Aliyun in China, announced that it has the third biggest market share in the global Infrastructure as a Service (IaaS) market and the biggest in the Asia Pacific region for the third year in a row in 2019, according to a report from Gartner.
Baidu Smart Cloud officially released “Cloud Mobile Phone”. The so-called Cloud Mobile Phone is a virtual smartphone with all applications running on the cloud so that the performance of the mobile phones can no longer be limited by its hardware. Baidu Cloud Phone is a combination of ARM server, cloud computing, and Android OS. It […]
China’s cloud infrastructure services market grew 66.9% and reached US$3.3 billion in total spending in Q4 2019, accounting for 10.8% and the second largest of the global market, according to data from Canalys.
Alibaba’s Income from operations was RMB20,364 million (US$2,849 million), an increase of 51% year-over-year. Adjusted EBITDA, a non-GAAP measurement, increased 39% year-over-year to RMB37,101 million (US$5,191 million).
Baidu delivered a solid second quarter in 2019 with revenues reaching RMB 26.3 billion, growing 9% QoQ, and Baidu Core revenues growing 12% QoQ. In June, Baidu App DAUs reached 188 million, up 27% year over year, in-app search queries grew over 20% year over year and smart mini program MAUs reached 270 million, up […]
Alibaba had a strong quarter in Q2 2019, with revenue growing 42% and adjusted EBITDA growing 34% year-over-year, according to its official financial results. Alibaba user base grew to 674 million annual active consumers.
A Gartner research shows Database Management Systems (DBMS) cloud services are already $10.4 billion of the $46.1 billion DBMS market in 2018. And, the overall DBMS Market grew at 18.4% from 2017 to 2018 – its best growth in over a decade. Cloud DBMS accounted for 68% of that growth.
The cloud computing for video market in China reached US$46.5 million in 2018, with Alibaba Cloud being the biggest vendor (42.5%). 80% of China’s leading live streaming sites or apps are using Alibaba Cloud to power their operations. The cloud computing for video market totaled 3.12 billion yuan (US$466.13 million) market in 2018, an increase […]
The top 5 public cloud services providers in China are all local companies, with Alibaba taking a disproportionally large share of 43%. Roughly 40% of the top 500 enterprises and 50% of listed companies in China are using Alibaba Cloud.
China’s online healthcare market is estimated to reach 17.7 billion yuan (US$2.61bn) with a YoY growth of 17.2% in 2018 and grow to 20.4 billion yuan (US$3bn) by 2019 according to data from iResearch. B2C medicine e-commerce contributes the largest share of the total market size (89.2% in 2017), followed by advertising revenues.
The growth momentum of China’s public cloud IaaS market remains strong in recent years. This market saw a skyrocketing rise of 157.2% with transactions exceeding 18.44 billion yuan (US$2.68 bn) in 2017.
China devoted almost the same amount of expenditures to the public and private cloud in 2017. That differs a lot from the United States where public cloud took far more IT budgets versus private cloud. But the public cloud is capturing market shares rapidly, the public-usage rates could rise more than 20% annually in the next […]
Within public cloud services market, Alibaba Cloud ranked second in the APAC region and fourth worldwide. In China, the top five cloud providers are all local companies. China now accounts for a third of the total APAC market and its share of the regional total is increasing each quarter. 81% of WeChat users playing Mini-Games […]