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Alibaba's cloud service said it suffered a near two-hour long disruption affecting customers in mainland China, Hong Kong and the United States on Monday, its second outage within a month. ...
Alibaba Group Holding Limited (NYSE: BABA) stock is trading lower Tuesday amid reports of its cloud unit's second outage in a month.
Alibaba: The latest issue comes after the company's customers suffered a service disruption on Nov. 12 that lasted over 3 hours and impacted a broader range of products, and affected a far more parts of the world.
The impact was mainly felt by several of Alibaba Cloud's database management products, including PostgreSQL, Redis and MySQL editions. Beijing, Shanghai, Hong Kong, and Virginia in the U.S. were among eight regions affected.
Alibaba is China’s largest cloud vendor, garnering 29.9% of the market share for the first half of 2023, followed by Huawei with 13.2% and China Telecom with 12.2%, according to data from industry research group IDC.