Technology

Canalys: companies in China spent a record $4.3B on cloud services in H1 2020, up 70% YoY; Alibaba accounted for around 40% of total Q2 cloud spending in China (Angus Loten/Wall Street Journal)

Angus Loten / Wall Street Journal:
Canalys: companies in China spent a record $4.3B on cloud services in H1 2020, up 70% YoY; Alibaba accounted for around 40% of total Q2 cloud spending in China  —  Businesses in China are accelerating their digitization efforts, helping make local cloud providers into giants to rival Amazon and Microsoft