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Chinese e-commerce giant Alibaba plans to establish data centres in Singapore and other parts of the world as part of its US$1 billion (S$1.37 billion) investment to boost its cloud computing division Aliyun, the company revealed in a press release.
“Aliyun has become a world-class cloud computing service platform that is the market leader in China, bearing the fruits of our investment over the past six years. As the physical and digital are becoming increasingly integrated, Aliyun will serve as an essential engine in this new economy,” said Alibaba Group CEO Daniel Zhang.
In line with this, a portion of this new investment will fund the expansion of Aliyun cloud computing centres in Singapore, Japan, Europe and the Middle East.
Currently, the subsidiary has five data centres in China and Hong Kong. It also unveiled its first overseas facility in Silicon Valley earlier this year.
In response to questions about the upcoming Singapore data centre, Alibaba spokesman Beckie Wang said that detailed info on the facility is still unavailable as they are still finalising the plans, such as whether it would be constructed from scratch or leased from an existing development.
Nevertheless, Alibaba’s media release indicates that more investments would follow.
“This additional investment is just the beginning; our hope is for Aliyun to continually empower customers and partners with new capabilities, and help companies upgrade their basic infrastructure,” added Zhang.
Nikki De Guzman, Editor at CommercialGuru, wrote this story. To contact her about this or other stories email nikki@propertyguru.com.sg
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