The Zhitong Finance App learned that the latest “China Retail Cloud Market Share, 2025” report released by International Data Corporation (IDC) shows that in 2025, China's retail cloud market reached 13.5 billion yuan, an increase of 12.4% over the previous year. The overall competitive pattern remains stable. Alibaba (09988.HK), Tencent (00700.HK), and AWS rank in the top three in the market. Leading vendors maintain the lead with customer base, infrastructure, and industry service capabilities, and the overall market shows obvious centralization characteristics.

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