Demand for cloud services in China increases to quarterly record high of US$4.3bil

By Iris Deng

Technology
Thursday, 10 Sep 2020
5:05 PM MYT

Related News

China 10h ago

Trump says tariffs talks with China ‘moving along well’

Japan 1h ago

Japanese woman with child injured in subway station attack in China, says Tokyo embassy

Technology 6h ago

China summons chip giant Nvidia over alleged security risks

A display screen from China Telecom Cloud Computing in Guian New Area, southwest China's Guizhou Province, April 9. — Xinhua/South China Morning Post

China maintained its position as the world’s second-largest cloud services market amid record spending of US$4.3bil (RM17.91bil) in the second quarter, fuelled by increased demand for online services during the Covid-19 pandemic and government stimulus measures, according to a report.

That marked a 70% increase from a year ago, led by domestic cloud infrastructure services spending on Alibaba Cloud, according to research firm Canalys in a report on Sept 9.

Tags / Keywords: Cloud Services SCMP

Topic:

China Technology Internet

Is this article useful?

Report a mistake

What is the issue about?

Spelling and grammatical error

Factually incorrect

Story is irrelevant

Email (optional)

Thank you for your report!

Next In Tech News

Reddit surges as AI-driven ad strategy wins praise from Wall Street

Microsoft in Brazilian antitrust regulator's crosshairs after Opera complaint

Design software maker Figma extends gains after blockbuster NYSE trading debut

Exclusive-Alphabet's CapitalG, Nvidia in talks to fund Vast Data at up to $30 billion valuation, sources say

McDonald's plans to 'double down' on AI investment by 2027, executive says

Amazon tumbles after cloud computing growth disappoints investors

Atos reports lower orders and revenue, but confirms outlook for 2025

Big Tech's acquihire deals face regulatory scrutiny, outgoing EU antitrust official says

China summons chip giant Nvidia over alleged security risks

TikTok asks users to help police misinformation

Others Also Read

starplus28 Jul 2025

INTERACTIVE: Study calls for 80% hike in cigarette prices

Cricket45m ago

Cricket-South Africa want promising batsmen to show potential on international stage

Nation1h ago

Simpang Pulai factory raided, over RM8.5mil in copper, equipment seized

China1h ago

China's Qin Haiyang milks 'miracle' second breaststroke gold at swim worlds

STARPICKS

Even more ways to earn: GrabRewards just got even better

Golf1h ago

Golf-Japan's Yamashita surges into lead at Women's Open

Japan1h ago

A 73-year-old woman is in critical condition after a suspected bear attack in Japan

Japan1h ago

Japanese woman with child injured in subway station attack in China, says Tokyo embassy

Cambodia2h ago

Cambodia to nominate Donald Trump for Nobel Peace Prize, says deputy PM

China2h ago

Does this stone reveal Qin Shi Huang’s quest for immortality? A physicist chips in

Nation2h ago

Backbenchers Club praises Anwar for US tariff reductions benefiting SMEs

Nation2h ago

Woman killed after bus driver loses control and crashes into oncoming car in Negri

StarPicks

HONOR Magic V5: Fold fearlessly with a tailored warranty

IF you've ever held back from getting a foldable phone because you're worried about breaking it – you're not alone.

Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
PHB	0.005	0.010	0.005	0.005	0.000	0.00	1,976,183
HSI-CWGX	0.145	0.150	0.125	0.125	-0.025	-16.67	1,651,359
HSI-PWHI	0.235	0.265	0.230	0.265	0.025	10.42	1,480,810
HSI-CWGH	0.185	0.195	0.160	0.160	-0.035	-17.95	1,061,377
TWL	0.025	0.030	0.020	0.025	0.000	0.00	966,513
PHARMA	0.175	0.175	0.160	0.170	-0.005	-2.86	804,809
TANCO	0.835	0.845	0.835	0.840	0.005	0.60	637,314
EKOVEST	0.420	0.450	0.410	0.435	0.020	4.82	627,989
SENDAI-WA	0.010	0.035	0.005	0.020	0.010	100.00	606,659
TAWIN	0.015	0.020	0.015	0.015	0.000	0.00	519,773
NEXG	0.530	0.535	0.525	0.530	-0.005	-0.93	424,393
TRIVE	0.010	0.010	0.005	0.010	0.000	0.00	419,827
HSI-CWGS	0.060	0.065	0.045	0.050	-0.020	-28.57	382,097
ZETRIX	0.880	0.895	0.870	0.895	0.015	1.70	346,255
TOPGLOV	0.700	0.705	0.675	0.675	-0.010	-1.46	327,209

Demand for cloud services in China increases to quarterly record high of US$4.3bil

Charting a new technological era

Next In Tech News

Others Also Read

INTERACTIVE: Study calls for 80% hike in cigarette prices

Cricket-South Africa want promising batsmen to show potential on international stage

Simpang Pulai factory raided, over RM8.5mil in copper, equipment seized

China's Qin Haiyang milks 'miracle' second breaststroke gold at swim worlds

Even more ways to earn: GrabRewards just got even better

Golf-Japan's Yamashita surges into lead at Women's Open

A 73-year-old woman is in critical condition after a suspected bear attack in Japan

Japanese woman with child injured in subway station attack in China, says Tokyo embassy

Cambodia to nominate Donald Trump for Nobel Peace Prize, says deputy PM

Does this stone reveal Qin Shi Huang’s quest for immortality? A physicist chips in

Backbenchers Club praises Anwar for US tariff reductions benefiting SMEs

Woman killed after bus driver loses control and crashes into oncoming car in Negri

StarPicks

HONOR Magic V5: Fold fearlessly with a tailored warranty

Even more ways to earn: GrabRewards just got even better

GREENER HORIZONS

Market Summary

FBM KLCI

31,591,641

Market Movers

Want to listen to full audio?

Majlis SIRIM Industri 2024

Thank you for downloading.

Demand for cloud services in China increases to quarterly record high of US$4.3bil

Related News

Subscribe now and get 30% off The Star Yearly Plan

Monthly Plan

Annual Plan

Related News

Next In Tech News

Others Also Read

Trending in Tech

Market Summary

FBM KLCI

31,591,641

Want to listen to full audio?

Majlis SIRIM Industri 2024

Thank you for downloading.