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Alibaba cuts cloud prices in global market play

April 8, 2024

Via: CIO Dive

Alibaba faces an uphill battle globally.

Mainland China’s largest hyperscaler has a commanding 39% share of its $9.7 billion domestic public cloud market but has struggled to gain traction in other regions, according to John Dinsdale, chief analyst and research director at Synergy Research Group.

The hyperscaler’s cloud revenue comes almost exclusively from China and the Asia-Pacific region, Dinsdale said in an email.

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