Lates News

Canalys' latest data shows that in the first quarter of 2025, mainland China's spending on cloud infrastructure services reached $11.6 billion, a year-on-year increase of 16%. In the first quarter of 2025, Alibaba Cloud held a 33% market share in the cloud services market in mainland China, with Huawei Cloud at 18% and Tencent Cloud at 10%.