CX Daily: China’s Cloud Giants Seek Profits Abroad as Domestic Margins Dwindle

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A billboard advertises Alibaba Cloud’s service in December 2022 in Hong Kong. Photo: VCG

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In Depth: China’s cloud giants seek profits abroad as domestic margins dwindle

Cloud computing has become a new battleground in the China-U.S. fight for tech dominance.

China’s biggest cloud service providers, including units from Alibaba, Tencent and Huawei, are betting big on overseas expansion as profits dwindle in their saturated home market.

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