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Alibaba shares low carbon patents, and promises to use clean energy by 2030
Joins Low Carhon Patent Pledge
Joins Low Carhon Patent Pledge
Chinese cloud & eCommerce firm opens new cloud region
Alibaba is still the largest cloud provider in China
Putting its fledgling US business at risk
Chinese cloud giant joins the sustainability cause
TikTok parent erupts into a new market
Company mulling expansion into Israel, could be established in-market by 2024
New facilities coming in 2022, new chip to be used in company’s data centers
Also launches previously announced facility in Indonesia
Cloud unit saw slower revenue growth due to loss of ‘top cloud customer’ rumored to be TikTok owner ByteDance
Company stays busy as it faces $2.8 billion anti-monopoly fine
Chinese giant's cloud business sees revenue of $2.4 billion for Q4 2020, just $3 million adjusted EBITA profit
With Alibaba Cloud in the lead
Thanks to three “super data centers” in important economic hubs
It beats having to build your own data center
But facility details are unclear
As part of the country's Belt and Road Initiative
Amidst major expansion plans
Including data centers, operating systems, and semiconductors
First major cloud player to go beyond 99.99 percent
To serve Chinese firms expanding overseas.
Joining Google, Facebook and Amazon in deploying its own hardware
With more than $1bn in backing
Along with a startup accelerator program