Alibaba cloud’s quarterly revenue was 12.345 billion yuan, with a year-on-year growth rate of 59%

The group released the first quarter financial report of fiscal year 2021, which showed that Alibaba’s revenue in the first quarter was 153.75 billion yuan, up 34% year on year. Alibaba cloud’s quarterly revenue is 12.345 billion yuan, with a year-on-year growth rate of 59%. In the first half of 2020, the accumulated revenue is 24.562 billion yuan. According to IDC data, Alibaba cloud is the largest public cloud service provider in China and has achieved market share growth for four consecutive quarters. According to the financial report, in the first half of 2020, Alibaba cloud achieved a total revenue of 24.562 billion yuan, up from 15.513 billion yuan in the same period last year. < / P > < p > compared with the data of the last five years, the revenue of Alibaba cloud in the first half of 2016 was 2.309 billion yuan, and it was 24.562 billion yuan in 2020, with an increase of more than 10 times in five years. < p > < p > as of this quarter, the revenue of Alibaba cloud has exceeded 10 billion yuan for three consecutive quarters, with the revenue of 12.345 billion yuan in this quarter, with a year-on-year increase of 59%. < p > < p > at the beginning of this year, Alibaba cloud announced that it would invest 200 billion yuan in the next three years to increase the research and development of major core technologies and the construction of future oriented data centers. Up to now, Alibaba cloud has deployed hundreds of cloud data centers in 22 regions around the world, of which 5 super data centers are planned and constructed, becoming the largest data center cluster in China. (Dapeng)