News Snapshot:
Bengaluru, Nov 29 : Alibaba Cloud remained the leader in the China Cloud services market in Q3 with a 41 per cent market share and continued strong growth. The China Cloud infrastructure spend grew 65 per cent in Q3 2020 to exceed $5 billion for the first time, acceding to the data provided by the global market research firm Canalys. Total expenditure was over $750 million higher than in the last quarter and nearly $2 billion more than in Q3 2019. Huawei Cloud and Tencent Cloud both saw healthy growth, each taking a 16 per cent share. Baidu AI Cloud...