Amazon and Alibaba posted their earnings for the last quarter of 2020 on Tuesday.
I made two charts that I believe will be interesting.
1/ AWS’ amazing growth and operating income
2/ Ali Cloud growth from 2016 to 2020, followed by AWS revenue 2016-2020
In another word, I am using AWS’ past performance as Ali Cloud’s revenue projection.
This graph looks smooth!
In another word, Ali Cloud is 5 years behind AWS in terms of revenue (or cloud adoption in China is 5 years behind)
One more thing, Ali Cloud just turned profitable this quarter (Dec 2020) in the adjusted EBITDA level.