Caixin

In depth: Darkening skies for China's cloud kingpins

Geopolitical friction pushes China out of the US, sharpens rivalry at home

20210722 Huawei Alibaba

Huawei had 11% of China's domestic cloud market in 2020, while Alibaba had a dominant 40% share. (Source photos by Reuters) 

ZHANG ERCHI and FLYNN MURPHY, Caixin
July 24, 2021 10:30 JST

In the first quarter of the year, Alibaba Cloud's revenue growth dropped precipitously.

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