ã€Global Science and Technology Report】On April 13, Barron's report quoted a report from a U.S. investment bank MKM partner analyst, saying that Alibaba Cloud has the largest scale of computing resources in Asia. With the activation of the enterprise-class IT market, Alibaba Cloud will win this huge amount. The incremental market. The bank analysts believe that "China's shift from a manufacturing drive to a consumer-driven economy will lead to more enterprise-level IT spending. With the cloud computing market advantage, Alibaba will win this incremental market." Analysts wrote that in the e-commerce business, Alibaba’s products and services have covered 500 million users, and computing resources have also supported a huge flow of double 11 per year. In the past eight years, Alibaba has been investing in cloud computing business. Although it is three years behind Amazon, it still stays four years earlier than Google. Currently, Alibaba Cloud has built a huge cloud computing ecosystem, which includes more than 765,000 paid users (more than 100% year-on-year growth). “The Chinese market in which Alibaba Cloud is located has great potential. China’s large state-owned companies and vertical industry giants are more inclined to use China’s domestic cloud computing services. Of the 100 largest Internet start-up companies in China, 70 are using Alibaba Cloud’s. service." The data shows that the current stock price of Alibaba is around 111 dollars, and Ali's stock has risen 26% this year. MKM analysts believe that benefiting from the growth of the cloud computing business, Alibaba’s current target price is $130, which means that there is still 17% upside. “In the transition process from the drive of industrial manufacturing to the upgrade of consumption, we believe that the economic growth in the information sector will account for 1.4% of China's GDP in 2022,†said the analyst. Previously, data from another authoritative research institute IDC showed that, as of the first half of 2016, Alibaba Cloud’s market share in China’s cloud computing market exceeded the market share of the market’s 10 followers. Globally, Alibaba Cloud has 14 geographic nodes in Japan, Singapore, the Middle East, Europe, Australia, the eastern United States, and the western United States, covering major Internet markets.