Replies to post #109947 on Crednology Holding Corp fka COHO

[ccret]

Totally agree, besides IMO the financial statements I think will once again be positive, what % will it be this time, I'm hoping for a gross of 1.5 million and up, with a net income of 4 to 500k positive.
Let's go coho!

[sam1933]

Research firm Canalys reports that the Chinese cloud infrastructure market grew 66.9% to $3.3 billion in the last quarter of 2019, right before the COVID-19 virus hit the country. China is the second largest cloud infrastructure market in the world, with 10.8% share.

The quarter puts the Chinese market on a $13.2 billion run rate. Canalys pegged the U.S. market at $14 billion for the same time period, with a 47% worldwide market share.

Alibaba led the way in China, with more than 46% market share. Like its American e-commerce giant counterpart, Amazon, Alibaba has a cloud arm, and it dominates in its country much the same way AWS does in the U.S.

$COHO