Alibaba Cloud Revenue

The turnover of Double 11 Singles Day has also risen exponentially from less than 100 million at the beginning, and has risen to 91.2 billion in 2015. It exceeded 100 billion last year and reached 168.2 billion yuan in 2017!

In cloud computing, Alibaba is primarily known for its rapid growth in China, where the company has long been the leading player in e-commerce.

The theme of the seventh Computing Conference focused on cloud computing, big data, artificial intelligence, Internet security, smart life, Internet of Things, enterprise services and other cutting-edge technologies and hot topics.

Alibaba Cloud Computing, an Alibaba Group subsidiary that provides data-centric cloud computing services, on Tuesday revealed its ambition to continue exploration of overseas markets.

Alibaba Cloud, the cloud computing arm of Alibaba Group, is now planning to foray in to the Indian market to capture the growing IT services market in the region.

The authoritative research institute IDC released the results of the survey of China Public Cloud IaaS market share in the first half of 2017. The data shows that Alibaba Cloud's market share has increased by 7 percentage points from the end of 2016, and its market share has expanded to 47.6%.

During the recent YunQi Computing Conference in Shanghai, Alipay announced it may supply a cloud service platform based on blockchain technology.

First of all, the three scenes are introduced. The first one is the story of diaper and beer sales. Wal-Mart stores put beer and diaper on sale and finds that the sales of beer will increase with the sales of diapers.

In the past two years, the overall penetration rate of cloud computing has been continuously improved, and the turning point of the industry has arrived.

In the 1993, IBM faced the toughest test in its history, losing as much as $16 billion trillion, even as the media called it "a foot into the grave". 20 years later, IBM is facing another challenge. Although the 2014 fiscal year still earns more than 12 billion dollars in net profits, its main business has seen a larger decline. In the fourth quarter of 2014, its revenues fell 11.9% from a year earlier, with net profits down 11.3% per cent year-on-year, and even rumours of "a substantial layoff". From 2012 to 2014, IBM's revenue has slipped for three consecutive years. ...