AlibabaCloudthe technology and digital intelligence backbone of the Alibaba group, has announced its latest international strategic roadmap with a clear objective: duplicate its ‘cloud’ business outside of China.
To do this, the e-commerce giant will invest 1,000 million dollars (1,025 million euros) for “support the technological innovation of its partners and its market expansion with its cloud over the next three fiscal years.”
As detailed by the company in a statement, “that money will come in the form of financial and non-financial incentives”.
new centers
Also, Alibaba has also announced the opening of three customer service centers in Kuala Lampur (Malaysia), Porto (Portugal) and Mexico City (Mexico) to help your customers on their journey to the cloud, and three other centers to improve their technical supportone in the cited city of Malaysiaanother in Dubai (United Arab Emirates) and Hong Kong.
The company announced last August that its cloud computing activity grew 10% in its fiscal first quarter, when it invoiced between all its businesses 205,555 million yuan (almost 30,000 million euros), practically the same figure as in the same period of the previous year.
Alibaba, which obtained in that quarter a net profit of 22,739 million yuan (about 3,306 million euros)50% less than in the same period of the previous year, attributed this fall to the outbreak of coronavirus in China.
The company, which offers cloud services covering networking, storage and computing, currently has about 11,000 members worldwideamong them Salesforce, VMware, Fortnite and IBM.
In 2021, according to Gartnerthe Chinese multinational reached a market share of 9.5%compared to 21% of microsoft and 39% of Amazon Web Service.
