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Canalys: companies in China spent a record $4.3B on cloud services in H1 2020, up 70% YoY; Alibaba accounted for around 40% of total Q2 cloud spending in China (Angus Loten/Wall Street Journal)


Angus Loten / Wall Street Journal:

Canalys: companies in China spent a record $4.3B on cloud services in H1 2020, up 70% YoY; Alibaba accounted for around 40% of total Q2 cloud spending in China  —  Businesses in China are accelerating their digitization efforts, helping make local cloud providers into giants to rival Amazon and Microsoft


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