Alibaba says its AWS-a-like division embiggened by 138%

Biz has 2.3 million customers. Half a million of them actually pay, too

Alibaba’s cloud computing division Alicloud reported bumper growth of 138 per cent to $468m (£322m) for its full financial year 2016, as more paying customers flocked to the Middle Kingdom's AWS equivalent.

As of March 31, 2016, AliCloud had more than 2.3 million customers, including more than 500,000 paying customers.

The outfit has been keen to boost its international cloud expansion over the last year, which has mainly targeted Chinese companies seeking to expand abroad. Last year it promised to pump $1bn (£637m) into its cloudy arm, previously going under the brand of Aliyun.

Since then it has rolled out a number of data centres in the US as well as a raft of partnerships with companies such as chipzilla Intel, data centre outfit Equinix.

In January it also announced a $1bn partnership with Nvidia to expand its deep learning and big data systems over the next three years.

In a grandiose statement Alibaba's group exec Joe Tsai described the company's Alicloud as "one the largest cloud computing businesses in the world."

However, the cloud biz represents just three per cent of its revenue.

Overall the Chinese tat bazaar posted a 33 per cent year-on-year increase of $15.6bn (£10.7bn). The outfit had 423 million annual active buyers in the 12 months ended March 31, 2016. ?


Biting the hand that feeds IT ? 1998–2017

  • 1015111305 2018-02-19
  • 6607141304 2018-02-19
  • 5587621303 2018-02-19
  • 6265761302 2018-02-19
  • 6666351301 2018-02-19
  • 3788381300 2018-02-19
  • 9596221299 2018-02-19
  • 1153531298 2018-02-19
  • 8253311297 2018-02-19
  • 1614291296 2018-02-19
  • 107351295 2018-02-18
  • 9487041294 2018-02-18
  • 7763841293 2018-02-18
  • 5836761292 2018-02-18
  • 615581291 2018-02-18
  • 5081161290 2018-02-18
  • 321961289 2018-02-18
  • 776731288 2018-02-18
  • 9075261287 2018-02-18
  • 3005511286 2018-02-18