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Alibaba to Expand Cloud Computing Overseas

The Alibaba Group announced it will extend its cloud-computing services to overseas markets beginning in March this year.  The company did not disclose the specific markets it plans to target. This development comes on the back of U.S.-based Amazon’s recent announcement of the launch of its cloud computing services in China.  Alibaba’s cloud-computing division, Aliyun, will set up data centres ... Read More »

Alibaba to Acquire Kanbox

The Alibaba Group has announced plans to acquire China-based personal cloud storage service, Kanbox, for an undisclosed sum.  Alibaba previously launched its own cloud computing unit, Aliyun, in 2009 and has since been expanding related services. Kanbox was launched in 2011 and is often referred to as the “Dropbox of China. ” The company reportedly has more than 15 million registered ... Read More »