Source: Menafn

Alibaba Group: Alibaba Cloud To Close Data Center Operations In Australia, India

( MENAFN - Investor Brand Network) China-based Alibaba Group Holding Ltd. (NYSE: BABA) has announced that it is halting its data center operations in Australia and India as it focuses on expanding into southeast Asia and Mexico. The e-commerce company's cloud computing unit is poised to build new facilities in South Korea, the Philippines, Thailand, Malaysia and Mexico over the next three years as part of companywide efforts to increase infrastructure spending in different markets. The move to shut down its data center operations in India and Australia is part of Alibaba Cloud's"infrastructure strategy update." According to... Read More>> About ChineseWire ChineseWire ("CW") is a specialized communications platform with a focus on promising China-based companies that are listed in North America. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers : (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ; (2) article and editorial syndication to 5,000+ outlets ; (3) enhanced press release enhancement to ensure maximum impact ; (4) social media distribution via IBN to millions of social media followers ; and (5) a full array of tailored corporate communications solutions . With broad reach and a seasoned team of contributing journalists and writers, CW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, CW brings its clients unparalleled recognition and brand awareness. CW is where breaking news, insightful content and actionable information converge. For more information, please visit Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: /Disclaimer ChineseWire Los Angeles, CA 310.299.1717 Office [email protected] ChineseWire is powered by IBN MENAFN04042025000224011066ID1109389813 Legal Disclaimer: MENAFN provides the information "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

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Eddie Yongming Wu's photo - CEO of Alibaba Group

CEO

Eddie Yongming Wu

CEO Approval Rating

70/100

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