Meituan, Mobike, Xiaomi, and others are migrating away from Oracle and IBM databases, replacing them with software by PingCAP.
Hyperscalers, online media and other service providers are fueling the growth in Asia-Pacific's second largest data center market.
DCK Investor Edge: The trade war opens the door to taking advantage of China’s cloud boom at a discount.
STTelemedia's Christopher Street on Facebook's 14-story Singapore data center project, China's potential easing of restrictions on foreign clouds, and more.
The cloud provider seeks to cater to US companies investing in China and vice versa; it's also planning to set up data centers in Indonesia and Malaysia.
DCK Investor Edge: To maintain its current growth rate, GDS needs a lot of debt and equity capital. Having a strategic investor like Ping An helps.
Negotiating a deal to end the trade war, Chinese officials appear more open than before to loosening cloud rules.
Each gets a quarter of its sales in China. That means they’ll need approval from that country’s government, which is far from guaranteed.
The startup, called Leap, has acquired a majority stake in Cloud Comrade, a Singapore-based cloud computing consultancy.
Privacy wasn’t a battle Facebook could win in China. Beating WeChat would also be hard.