Wednesday, 10 September 2025
27.2 C
Singapore
27.1 C
Thailand
20.9 C
Indonesia
27 C
Philippines

Alibaba to pump 200B Yuan in cloud infrastructure over the next 3 years

The China-based e-commerce giant, ALIBABA Group Holding Ltd., will be pumping a whopping 200 billion yuan, which is equivalent to S$40 billion into cloud infrastructure; this mainly includes data centers. This big funding will be almost equal to 50 percent of the entire company’s generated revenue in 2019. This shows the importance of the division […]

The China-based e-commerce giant, ALIBABA Group Holding Ltd., will be pumping a whopping 200 billion yuan, which is equivalent to S$40 billion into cloud infrastructure; this mainly includes data centers.

This big funding will be almost equal to 50 percent of the entire company’s generated revenue in 2019. This shows the importance of the division in the company that it depends on to expand internationally.

To complement the 21 existing network regions, Alibaba will be building more data centers in support of certain areas like AI-interface chips.

Alibaba’s cloud computing is now one of the fastest-growing initiatives of the company that has gone beyond the traditional sphere. There was a significant rise in division’s revenue by 62 percent, which took the figure to 10 billion yuan, this saw the company topple the global leaders Amazon.com Inc. and Microsoft Corp in the online computing business.

The firm currently remains as one of the leading cloud players in Asia with a close follow-up of Baidu Inc. and Tencent Holdings Ltd.

The Bloomberg Intelligence analyst, Vey-Sern Ling, noted that the main focus when it comes to medium-term is gaining scale in infrastructure, customers, and product offerings. He further says that making a profit needs a long-term focus.

The cloud in Alibaba came about as a result of the great computational ability that was needed to sustain the online transactions from over a million shoppers. The firm also has a lot of home advantage since, unlike many American companies, the Chinese internet-based market is not very much congested. Entry into the cloud by the e-commerce firm is a comfort from the low domestic consumption since many services are provided via a server from a very small area.

Earlier on the way before China came to realize the very first contraction of the economy, Alibaba had given a warning of the same that the outbreak of the coronavirus would have a very big effect on the business it runs.

Alibaba’s cloud computing division is the main effort of the company that helps it to get a large amount of data that is produced on a daily basis. This is what is referred to as the “new oil” by Jack Ma, the Alibaba co-founder. This division alone contributes 7 percent of the company’s total revenue.

Jeff Zhang, Alibaba’s president, says that increased investment in cloud infrastructure helps in providing good computing resources that make the business much better.

Hot this week

Veeam launches first software appliance for instant, secure data protection

Veeam has launched its first hardware-agnostic software appliance, offering instant, secure data protection with built-in resilience.

Google publishes detailed usage limits for Gemini AI

Google clarifies Gemini AI usage limits, detailing daily prompt, image, and research report caps across free, Pro, and Ultra plans.

Apple tipped to launch lighter and cheaper Vision Air headset

Apple is reportedly developing a lighter, cheaper Vision Air headset, expected in 2027, with a price around S$2,650.

Epson launches new thermal point-of-sale printers for retail and F&B businesses

Epson introduces the TM-T82X-II and TM-T82IV thermal POS printers in Singapore, designed to boost efficiency in retail and F&B sectors.

Kahoot!: Enabling the future of learning across APAC through AI, localisation and cross-sector engagement

Kahoot! expands in APAC with AI-powered tools, localised content, and a cross-sector strategy to meet the region’s evolving learning needs.

Firefox introduces shake to summarise feature on iPhones

Firefox launches a new “shake to summarise” feature on iPhones, offering AI-powered webpage summaries starting in the US.

Google pauses Pixel 10 Daily Hub to improve performance

Google has paused the Pixel 10’s Daily Hub feature to improve performance, promising a refined version will return in the future.

Garmin launches fēnix 8 MicroLED smartwatch with record-breaking brightness

Garmin unveils the fēnix 8 MicroLED, the world’s brightest smartwatch with advanced health, navigation, and performance features.

OpenAI set to develop its own AI chips in 2025

OpenAI is reportedly set to develop its own AI chips with Broadcom in 2025, aiming to reduce reliance on NVIDIA and expand capacity.

Related Articles

Popular Categories