Alibaba Plows $1B Into Aliyun, Its Cloud Computing Unit

cloud Alibaba Group announced today that it will invest a further $ 1 billion into Aliyun, its cloud computing unit. The capital will be used to expand Aliyun, which currently has data centers in China, Hong Kong, and Silicon Valley, into other international markets. The company plans to target the Middle East, where it recently formed a joint venture with Dubai-based holding company Meraas,… Read More
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