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    cloud investing

    Alibaba Cloud HQ, Data Centers Will Be In Singapore

    Teresa Matich
    Aug. 19, 2015 10:09AM PST
    Cloud Investing

    CNBC reported that Alibaba has chosen Singapore for the location of headquarters for its cloud computing business, Aliyun. Aliyun’s cloud data centers will also be located in Singapore.

    CNBC reported that Alibaba has chosen Singapore for the location of headquarters for its cloud computing business, Aliyun. Aliyun’s cloud data centers will also be located in Singapore.
    As quoted in the publication:

    Speaking to CNBC ahead of the official launch on Wednesday, Ethan Yu, vice president of Aliyun, Alibaba’s cloud computing business, described the new facility in Singapore as a “strategic” center that could give the cloud division an edge in face of stiff competition from U.S. cloud giants such as Amazon Web Services (AWS) and Microsoft.
    “I think we are still on a learning curve in terms of [understanding] customer needs in different markets. Singapore’s [data center] is the most strategic and hopefully, will become the biggest we have outside China. This will definitely play a role [in helping] Aliyun to catch up with the top players,” he told CNBC by phone.
    Earlier in July, Aliyun’s president Simon Hu told Reuters that the cloud division now had the technological maturity to challenge more established players, after focusing on the Chinese market in its first six years. Hu added that Aliyun’s goal was to “overtake Amazon in four years, whether that was in terms of customers, technology, or worldwide scale,” reported the newswire.

    Click here for the full article.

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