Alibaba passes IBM in cloud infrastructure market with over $2B in revenue

Alibaba passes IBM in cloud infrastructure market with over $2B in revenue


When Alibaba entered the cloud infrastructure market in earnest in 2015 it had ambitious goals, and it has been growing steadily. Today, the Chinese ecommerce giant announced quarterly cloud revenue of $2.194 billion. With that number, it has passed IBM’s $1.65 billion revenue result (according to Synergy Research market share numbers), a significant milestone. But […]


Enterprise – TechCrunch - Alibaba passes IBM in cloud infrastructure market with over $2B in revenue



November 6, 2020 at 02:00AM

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