According to Reuters, Alibaba Group Holding will be investing 200 billion yuan (€26.1bn-$28.3bn) over three years to bolster its data center and develop semiconductors and operating systems for its cloud-computing infrastructure. The Covid-19 pandemic has spurred demand for business software in China, and high data volumes occasioned by quarantines have recently caused lags in DingTalk, an Alibaba chat app used by offices and schools. According to the research firm Canalys, the Chinese multinational company enjoyed a 46.4 percent market share in cloud computing in the fourth quarter of 2019. (The next two companies, Tencent and Baidu AI, came in at 18.0 and 8.8 percent, respectively.) Earlier this year, Alibaba Cloud helped the Hangzhou government establish a digital health-monitoring system to rate exposure to Covid-19. The system is now in use throughout China.

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