Alibaba Cloud business revenue jumps 19% to $4.15 bn

Alibaba said revenue from Cloud business, which includes revenue from cloud services to other Alibaba businesses, increased 19 percent to RMB26,431 million (US$4,148 million) in the December quarter. e-commerce salesAlibaba said its quarterly revenue from its Cloud business, after inter-segment elimination, grew 20 percent to RMB19,539 million (US$3,066 million) – reflecting growth from financial and telecommunication industries.

Alibaba Cloud’s revenue is becoming diversified with revenue contribution from non-Internet industries steadily increasing. Revenue from non-Internet industries accounted for 52 percent of Alibaba Cloud’s post-inter-segment elimination revenue for the quarter ended December 31, 2021.

Alibaba Cloud has added two data centers in the Asia Pacific region, one in South Korea and the other in Thailand. Currently, Alibaba Cloud offers computing services in 25 regions globally, including Malaysia, Singapore, Indonesia, Japan, Germany and Dubai.

Alibaba Cloud Container Service for Kubernetes has been upgraded to ACK Anywhere. This latest edition improves the container technology performance, allowing customers to experience low-cost, low-latency and localized public cloud products in all types of data centers.

The 2021 Gartner Solution Scorecard for Integrated IaaS+PaaS, published in November 2021, has recognized Alibaba Cloud’s IaaS and PaaS offerings as the third highest scored solution among all the global vendors. Alibaba Cloud business received the highest scores in compute, storage, networking and security categories.

Alibaba Cloud was recognized as a Leader in the 2021 Gartner Magic Quadrant for Cloud Database Management Systems (DBMS) for the second consecutive year.

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