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China’s spending on cloud infrastructure services grew 6% year-on-year in Q1 2023, reaching $7.7 billion and accounting for 12% of global cloud spend, said a Canalys estimate on June 15.
JD Cloud, the cloud computing arm of Chinese e-commerce giant JD.com, has lowered the price of many of its core services, including storage, security, and cloud computing, reported Yicai Global on May 24.
Tencent Cloud announced a reduction in the prices of multiple core cloud products on May 16, with some product lines seeing a maximum reduction of 40%, starting from June 1.
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