Alibaba

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.
While global behemoths like Amazon and Alibaba are well known around the world, the rise of e-commerce is providing exciting growth opportunities for hundreds of thousands of companies in all shapes and sizes, from major bricks-and-mortar players through to tiny cottage industries.
While Amazon gets most often equated with disruption today, other tech giants will soon follow when privacy laws make it tough to monetize data and maintain their astronomical growth.
Alibaba is forecast to account for more than half (53.3%) of e-commerce sales in China this year, but its market share is declining in the face of competition from smaller players.
Alibaba's support will include offering the expertise and technology from its e-commerce, logistics, payment and financial service platforms to enable more of China's rural population to utilize the power of the internet to improve their lives.
Chinese e-commerce company Alibaba will establish a subsidiary to build and distribute artificial intelligence inference chips that could be applied to autonomous vehicles, cloud computing and smart cities applications.
The likes of Google, Amazon, Facebook and Microsoft are only going to increase spending in the years to come.
A study this year by Cisco, the Silicon Valley networking company, projected the number of hyperscale data centers to grow to 628 by 2021.

See full forecast

Last updated: 23 February 2020