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Benzinga
Benzinga
Technology
Shanthi Rexaline

Alibaba Maintains Stronghold Over Chinese Cloud Market: What's Behind The Outperformance

Alibaba BABA Canalys NYSE

Alibaba Group Holding, Inc.'s (NYSE:BABA) flagship e-commerce business is going through a lean patch, a function of domestic softness and intensifying competition. Can the company's thriving cloud business pick up some of the slack?

A new report released by Canalys shows that Alibaba remained the undisputed leader among cloud vendors in China.

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