Alibaba Cloud pledges $1B to boost overseas alliance

Alibaba Cloud pledges $1B to boost overseas alliance

2 years ago
Anonymous $CIOZ56dzxX

https://techcrunch.com/2022/09/22/alibaba-cloud-1-billion-international/

Alibaba is known for its sprawling e-commerce empire, but like Amazon, cloud service has been a big driver of its revenues in recent years.

The Chinese cloud giant is ready to double down on its overseas reach and announced today a $1 billion investment in a “global partner ecosystem upgrade.” Alibaba Cloud is now the world’s third-largest public cloud provider, an achievement that’s inseparable from the large network of local allies it’s formed worldwide.