Alibaba

The rapidly developing economy is providing enterprises like Alibaba a much larger runway to grow out its digital market, not to mention the ripe opportunities in the surrounding developing regions (aka South East Asia, and India).
Alibaba has a big opportunity in the Chinese cloud market, which is still in its early stages and has the potential to grow more rapidly than cloud computing in the United States.
Forrester forecasts that the six largest public cloud providers (Alibaba, AWS, Azure, Google, IBM, and Oracle) will only grow larger in 2019, while Goldman-Sachs predicts that they will consolidate IaaS, controlling 84% of the market within the next year.
With China's economy starting up again much ahead of major economies in Europe and the United States, Alibaba said it expects to generate over ¥650 billion in revenue in fiscal 2021.
Worldwide public cloud services revenue has increased from $182 billion in 2018 to an expected $214 billion in 2019 and $331 billion by 2022,with growth exhibited by the likes of Alibaba in China and AWS and Azure in the US.
Indonesia and India will be crucial to Tencent's ambition to expand its cloud footprint and chip away at the dominance of Amazon Web Service (AWS), Google Cloud, Microsoft Azure, and Alibaba Cloud.
The Senate overwhelmingly approved legislation on Wednesday that could lead to Chinese companies such as Alibaba Group Holding Ltd and Baidu Inc being barred from listing on US stock exchanges amid increasingly tense relations between the world's two largest economies.
With 700 million users on Alibaba platforms, Tmall is a key tool for product discovery among accessible and emerging luxury brands that are tapping into the brand building, merchandising, sales and traffic opportunities it offers.
The six well-known hyperscale cloud leaders Amazon Web services (AWS), Alibaba, Google, IBM, Microsoft Azure, and Oracle will become larger in 2019, as service catalogues and global regions expand.
Experts have previously agreed that Amazon could be a threat in the UK market: One view was that it might follow the lead of Chinese retailer Alibaba which set up its own online insurance company Zhong An.
The popularity of luxury brands with Chinese consumers is also affecting the payment industry in the U.S., with Alipay, the digital payment arm of Alibaba, announcing last Thursday (Jan. 11) that it had entered into a partnership with French apparel brand Lacoste.
Google Cloud will need to watch its back because next year, Alibaba will likely steal its third place spot in the cloud wars against Amazon and Microsoft.
In 2020, Alibaba will surpass Google Cloud in revenue and become the third place cloud globally, behind Amazon Web Services and Microsoft.
Initiatives from companies such as Alibaba towards the development of quantum technology is further expected to drive the growth of the market in in the coming years.
With China expected to become the biggest market for fashion in 2020, Italian brands are finding a powerful ally in the Alibaba Group.
Jacobs Douwe Egberts will sell its coffee and tea brands in China through Tmall Global, Alibaba Group's dedicated cross-border e-commerce platform, making the Dutch beverage giant the latest company from the Netherlands to leverage Alibaba's platforms to reach Chinese consumers.
Alibaba Group and Starbucks Coffee are ramping up their longstanding partnership through a slate of new initiatives that will deliver the Starbucks Experience to Chinese consumers anywhere.
The partnership gives Alibaba access to the data of 7 million Starbucks members: The delivery program is expected to expand across 30 cities to more than 2,000 stores by end of 2018.
Challenges could come from Amazon, Alibaba and other companies who might customize an "open source" version of Android that Google has made freely available for public use.
Venmo expects to process more than $100 billion in transactions this year and PayPal is focusing on driving growth through partnerships with big tech players like Facebook, Google and Alibaba.
The next year will see AI platforms dominating the public cloud market and cloud providers, especially Google, AWS and Microsoft will further expand their AI cloud portfolio.
The global cloud computing market, including cloud platforms, business services and SaaS, will exceed $200 billion in 2019, expanding at more than 20%, the report projects.
China's internet giants Baidu, Alibaba and Tencent are now taking the lead, interacting with customers beyond China's boundaries and posing a risk to the global financial marketplace.

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Last updated: 13 September 2020