Caixin Global – Latest China News & Headlines

Home >


CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

Singapore-Based E-Commerce Aggregator Una Brands Raises $40 Million for Asia-Pacific Acquisitions
Video Streamer iQiyi Apologizes for Milk Gimmick Gone Sour
Singaporean Ride-Hailing Firm Grab to Launch New Services for Premium Passengers, Pet Owners
TikTok Retains Crown as World’s Top Non-Game App Despite 50% Drop in Downloads
Tencent Reportedly Negotiating Risk-Mitigation Measures to Retain U.S. Gaming Investments
Foxconn to Set Up Chipmaking Joint Venture with Yageo
Excluding Chinese Vendors from Indian 5G Trials Will Hold Back Development, Diplomat Says
Alibaba-Backed MYBank Eyes Deeper Penetration Into Under-Banked Rural China
Vivo and Oppo Claim Top Two Spots in China Smartphone Market as Huawei Falls
U.S. Urges TSMC to Prioritize Supplies to American Carmakers Grappling with Global Chip Shortage
Indonesian Ride-Hailing Unicorn Gojek Aims to Go All Electric by 2030
Tencent-Backed Insurtech Firm Waterdrop Aims to Raise up to $360 Million in U.S. IPO
Which Money-Losing Electric-Car Makers Have Tied Up With Huawei?
Video Platform Bilibili to Buy Stake in Mobile-Game Maker CMGE to Boost Content
Baidu to Roll Out Driverless Robotaxis in Beijing in May
Tesla Challenger Nio Shrinks Losses as Sales Surge
Trending in China: A Beijing Bureaucrat Worked as Delivery Driver for a Day and Earned Just $6
Fjord Focus: Why Are Chinese Electric-Car Makers Flocking to Norway?
Alibaba Has Big Plans for Taobao’s Livestreaming Hawking Business
Xiaomi Extends Reign as India’s Smartphone King Despite Slipping Market Share
Alibaba Still Reigns Supreme Over China’s Cloud Services, Research Firm Says

By Ding Yi / Mar 26, 2021 12:52 PM / Business & Tech

Alibaba maintained its position as the largest cloud infrastructure services provider in the fourth quarter of 2020 in China, where total spending on such services jumped to a record high of $5.8 billion, surpassing rivals Huawei, Tencent and Baidu by a large margin.

For the three months through December, Alibaba Cloud controlled 40.3% of the Chinese market, compared with 46.4% in the same period of 2019, according to Canalys.

Huawei Cloud rose as China’s second-largest cloud services provider during the quarter, growing its share to 17.4%. This marks a sharp contrast to the fourth quarter of 2019, when Huawei Cloud was out of the top three.

Tencent Cloud and Baidu AI Cloud came in third and fourth in the fourth quarter with respective market shares of 14.9% and 8.4%, compared with a year ago, when the two controlled 18% and 8.8% of the Chinese market, respectively.

The overall $5.8 billion quarterly spending, which represents a year-on-year increase of 62%, could be largely attributed to the Covid-19 pandemic which has increased demand for cloud-based services ranging from e-learning and telecommuting to ecommerce and digital entertainment.

Canalys projected that the demand for cloud services in China would continue to grow in 2021 as Beijing has made developing cloud technology as one of its top strategic priorities. “In the coming year, consumption of cloud services will maintain robust growth, driven by continued expansion of online services and digitalization of processes and operations within enterprises and government organizations,” said Canalys chief analyst Matthew Ball.

Contact reporter Ding Yi (

Related: Tencent Eyes Cloud Gaming with Ubitus Investment

Share this article
Open WeChat and scan the QR code