Alibaba Cloud holds 37% China share as Q4'25 cloud spend rises 26%, fueled by Qwen3.5

Per Omdia, Mainland China cloud infrastructure spending rose 26% YoY in Q4 2025, driven by AI and agent growth. Alibaba Cloud retained 37% market share with triple-digit AI revenue growth for the tenth consecutive quarter, bolstered by Qwen3.5 and Model Studio (Bailian) enhancements.