Technology Sep 18, 2020 04:01 PM (GMT+8) · EqualOcean
Canalys reported that in Q2 2020, the expenditure on China's cloud infrastructure service reached USD 4.3 billion, up 70% year on year. The increasing demand amid the Cov-19 pandemic and the Chinese governments' measurements spurred the spending accounted for 12.4% of the global figure, compared with 9.6% in Q1 2020. Alibaba Cloud, Huawei Cloud, Tencent Cloud and Baidu Cloud comprised 40.1%, 15.5%, 15.1% and 8% of the total spending, respectively.

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