Teacher Wang Guanxin of the ITutorGroup instructs other teachers how to teach online in Shanghai. Educational services are moving online amid the coronavirus health crisis, giving a boost to the cloud market. Photo: AFP Teacher Wang Guanxin of the ITutorGroup instructs other teachers how to teach online in Shanghai. Educational services are moving online amid the coronavirus health crisis, giving a boost to the cloud market. Photo: AFP
Teacher Wang Guanxin of the ITutorGroup instructs other teachers how to teach online in Shanghai. Educational services are moving online amid the coronavirus health crisis, giving a boost to the cloud market. Photo: AFP

Tencent, Baidu gain ground on Alibaba as China’s cloud market expands at rapid pace

  • China’s cloud infrastructure market grew 66.9 per cent to US$3.3 billion in the fourth quarter of last year
  • Baidu’s AI Cloud moved into third place with an 8.8 per cent share in the fourth quarter

Topic |   US-listed Chinese stocks
Teacher Wang Guanxin of the ITutorGroup instructs other teachers how to teach online in Shanghai. Educational services are moving online amid the coronavirus health crisis, giving a boost to the cloud market. Photo: AFP Teacher Wang Guanxin of the ITutorGroup instructs other teachers how to teach online in Shanghai. Educational services are moving online amid the coronavirus health crisis, giving a boost to the cloud market. Photo: AFP
Teacher Wang Guanxin of the ITutorGroup instructs other teachers how to teach online in Shanghai. Educational services are moving online amid the coronavirus health crisis, giving a boost to the cloud market. Photo: AFP
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