Why data is the ‘oil’ of modern M&A
Merger and acquisitions (M&A) are big in tech and have been so in the digital infrastructure space. So much so that the market often says there is way more...
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China to spend $85bn on cloud infrastructure services
Big spenders Alibaba, Tencent, Huawei and Baidu lead the boom in investments which saw expenditure grow from US$8.5 billion in 2020, to US$27.4 billion last year.
By João Marques Lima
Founder and Editor, The Tech Capital
4 Mins
March 28, 2022 | 1:34 AM BST
Mainland China’s cloud infrastructure services expenditure is set to reach US$84.7 billion by 2026, representing a five-year CAGR of 25%.
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João Marques Lima
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