Since Amazon’s Q3 earnings announcement, AWS (Amazon Web Services), has been grabbing more headlines than ever. The nine-year old unit is breaking records as the dominant cloud infrastructure services provider, rapidly becoming a default choice for enterprise and government organizations. How have they pulled this off, and can anyone give AWS a run for its money?
By now you’ve probably heard more than you want to about Alibaba’s upcoming IPO, estimated to become the largest IPO, raising around $24bn and valuing the Chinese e-commerce giant at $160bn or more. But this event bears even greater significance than its size would indicate. Along with TenCent and Baidu, Alibaba makes up a powerful troika of Chinese internet platforms. Alibaba’s rapid growth, profitability and dominance of the massive Chinese internet marketplace is sure to impact the strategies of Amazon, Google, Facebook, eBay, Yahoo!, and others to compete successfully in that enormous market as well as in other Asian countries, not to mention in other regions.