Alibaba Cloud

Alibaba leapfrogs IBM in cloud market
Alibaba’s cloud division grew 60 per cent in the quarter and now claims a bigger market share than enterprise stalwart IBM. But despite other strong financial results posted overnight, stock price of Chinese tech giant Alibaba fell as concerns about delays to the IPO of its finance arm, Ant Group,

Alibaba Cloud reveals $US283M investment in partner innovations this year
Alibaba Cloud will spend US$283 million during this fiscal year to empower global partners and accelerate joint innovations in the post-pandemic era. The company says the investment is designed to accelerate the uptake of digitalisation capabilities among its partners, and to help create joint products and solutions to benefit even

Growing revenue, cloud arm, softens Alibaba’s share market woes
Chinese tech giant Alibaba Group sold US$1 trillion worth of goods across its platforms in the last year, the company revealed in quarterly results late last week. But a plunge in profitability in the latest COVID-19 affected quarter sent shares down nearly 6 per cent, costing company founder Jack Ma

Alibaba reports strong sales for Q4 but Coronavirus impact looms
Alibaba has reported a 38 per cent revenue increase from the prior year reaching US$23.2 billion however, the company warned the impact of the Novel Coronavirus will likely hit its results next quarter. In an earnings call, Daniel Zhang, CEO of Alibaba Group said food delivery orders are down year-on-year

Amazon AWS, Google Cloud, Alibaba Cloud and now Microsoft Azure – Why does Salesforce want to run its software on all of them?
This week Salesforce named Microsoft Azure as its public cloud provider for marketing cloud. Microsoft is the fourth IaaS platform on which Salesforce wants to run its software. The Salesforce relationships with Amazon AWS and Google Cloud were dated back to 2016 and 2017 respectively. The last partnership with Alibaba Cloud was sealed

Alibaba Cloud launches new program to push Australian businesses into China
Alibaba Cloud has launched its China Gateway Program in Australia aiming to help companies of all sizes enter the Chinese market grow their online and offline presence in the country. The Chinese giant said by leveraging the proven cloud technologies and the established Alibaba ecosystem encompassing ecommerce, online payment, logistics

Alibaba Cloud poised to close gap with rivals in APAC, says GlobalData
Alibaba Cloud is catching up to its rivals in APAC by extending its services outside of China and adding new capabilities, says data and analytics company GlobalData. The company forecasts that an insatiable trend of product launches by cloud providers, riding on the back of increased adoption of cloud services,

Alibaba Cloud brings start-up comp to Australia
Following its Australian launch last year, Alibaba’s Cloud computing division is bringing its global start-up competition to Australia. Haymarket HQ, an Australian start-up hub with a focus on Asia, has partnered with Alibaba Cloud to bring the Create@Alibaba Cloud start-up contest to the region. “We see a growing trend in

Alibaba Cloud to launch in Australia
Chinese internet giant Alibaba is bringing its cloud offering to Australia, opening a data centre in Sydney by the end of 2016. The move will kick off a race with Amazon Web Services and Microsoft Azure to claim market share locally. Download the CMO of Tomorrow report produced by the Which-50 Intelligence