Category: Alibaba Cloud

May 15, 2019 Off

Alibaba returns to growth with revenue up 51% to $13.9 billion

By Jill T Frey

It’s business as usual for Alibaba after the Chinese e-commerce giant bounced back from a lackluster Q3 — which saw its slowest growth for three years. For Q4, the company saw revenue surge 51 percent year-on-year to reach 93.5 billion RMB, or $13.9 billion.

That revenue beat analyst expectations of 91.5 billion RMB, according to Barons, and net income came in at 23.38 billion RMB, or $3.48 billion.

Alibaba positions itself as the gateway to Chinese consumers, and it continues to grow. The company said its mobile monthly users — a metric it uses to measure shoppers — reached 721 million in March, an increase of 22 million in three months and 104 million over the last year. Annual active users were up 18 percent to 654 million and the company’s Chinese marketplaces saw GMV — the value of total goods sold — rise by 19 percent year-on-year … Read the rest

May 3, 2019 Off

Security lapse exposed a Chinese smart city surveillance system

By Jill T Frey

Smart cities are designed to make life easier for their residents: better traffic management by clearing routes, making sure the public transport is running on time and having cameras keeping a watchful eye from above.

But what happens when that data leaks? One such database was open for weeks for anyone to look inside.

Security researcher John Wethington found a smart city database accessible from a web browser without a password. He passed details of the database to TechCrunch in an effort to get the data secured.

The database was an Elasticsearch database, storing gigabytes of data — including facial recognition scans on hundreds of people over several months. The data was hosted by Chinese tech giant Alibaba. The customer’s database, which Alibaba did not name, made several references to the tech giant’s artificial intelligence-powered cloud platform, City Brain, but Alibaba later denied its platform was used.

“This is … Read the rest

April 26, 2019 Off

AWS wants a bigger share of Asia following Hong Kong launch

By Jill T Frey

Amazon’s cloud computing unit is making further inroads into Asia after it opened a data center in Hong Kong this week, adding to the seven existing locations where it currently operates across Asia Pacific and China.

The new entry will likely give the American giant a leg up in its regional battle with Alibaba’s cloud service, which, according to a new Gartner report, was the biggest cloud infrastructure provider in Asia Pacific last year. But that won’t be the case with all countries, notably China, where the cards are often stacked against foreign players.

Amazon Web Services has been operating in China for quite some time, albeit through rough and roundabout routes. A set of cyber laws enacted by Beijing in mid-2017 required foreign companies to store data locally and outsource their hardware parts to Chinese partners. In response, AWS teamed up with two separate local providers based out … Read the rest