Alibaba Cloud, China’s biggest cloud infrastructure services provider, is investing US$29.2 billion on new next-generation data centres. The company is the digital technology and intelligence backbone unit of e-commerce giant Alibaba Group Holding. Photo: HandoutAlibaba Cloud, China’s biggest cloud infrastructure services provider, is investing US$29.2 billion on new next-generation data centres. The company is the digital technology and intelligence backbone unit of e-commerce giant Alibaba Group Holding. Photo: Handout
Alibaba Cloud, China’s biggest cloud infrastructure services provider, is investing US$29.2 billion on new next-generation data centres. The company is the digital technology and intelligence backbone unit of e-commerce giant Alibaba Group Holding. Photo: Handout

Demand for cloud services in China increases to quarterly record high of US$4.3 billion

  • The market is being driven by government stimulus measures, investment by service providers, digital transformation projects and increased demand for online services
  • Second-quarter cloud spending in China accounted for 12.4 per cent of the US$34.6 billion total global investment during that period

Topic |   China technology
Alibaba Cloud, China’s biggest cloud infrastructure services provider, is investing US$29.2 billion on new next-generation data centres. The company is the digital technology and intelligence backbone unit of e-commerce giant Alibaba Group Holding. Photo: HandoutAlibaba Cloud, China’s biggest cloud infrastructure services provider, is investing US$29.2 billion on new next-generation data centres. The company is the digital technology and intelligence backbone unit of e-commerce giant Alibaba Group Holding. Photo: Handout
Alibaba Cloud, China’s biggest cloud infrastructure services provider, is investing US$29.2 billion on new next-generation data centres. The company is the digital technology and intelligence backbone unit of e-commerce giant Alibaba Group Holding. Photo: Handout
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