Wednesday, July 29, 2015

Alibaba’s injects US$1 billion into cloud computing arm Aliyun

The move may signal Alibaba’s desire to compete with Amazon Web Services Alibaba Group*today announced it will invest US$1 billion in its cloud computing division Aliyun in an effort to set up data centres in Singapore, the Middle East, Japan and Europe, as*first reported on TechCrunch. The international expansion puts Aliyun in direct competition with...
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