Cookie policy: This site uses cookies (small files stored on your computer) to simplify and improve your experience of this website. Cookies are small text files stored on the device you are using to access this website. For more information on how we use and manage cookies please take a look at our privacy and cookie policies. Some parts of the site may not work properly if you choose not to accept cookies.

sections

Alibaba to open fifth Shenzhen facility

  • Print
  • Share
  • Comment
  • Save

Chinese e-commerce giant Alibaba has announced plans to open a fifth data center in Shenzhen to host its cloud computing platform AliCloud according to Reuters.

AliCloud's new data center will serve "large and small companies, financial institutions and other third parties in southern China," Alibaba said in a statement.

Most recently Alibaba partnered with ICT service provider Donghua Software in a three-year agreement to work on projects covering cloud, big data and a smart city.

AliCloud recently opened its fourth data center in Hong Kong and maintains three other facilities in mainland China including its Beijing facility in May.

AliCloud was initially launched in 2009 as part of Alibaba Group's in-house technical infrastructure but has since then expanded operations to include leasing of processing and storage space for small and medium internet businesses in China.

In May Alibaba’s founder Jack Ma confirmed the company was preparing for its Initial Public Offering (IPO) on the New York Stock Exchange (NYSE) where it expects to raise US$1bn.

Alibaba has not yet announced the price of shares in the IPO.

However analysts have estimated the company may be worth US$187bn after the share sale.

Related images

  • Alibaba logo.jpg

Have your say

Please view our terms and conditions before submitting your comment.

required
required
required
required
required
  • Print
  • Share
  • Comment
  • Save

Webinars

  • Hybrid IT: Finding the right formula

    Tue, 20 Jan 2015 16:00:00

    Within just 5 years, 70% of all IT infrastructures will shift from in-house to an outsourced managed infrastructure model.

  • A Revised Approach to Multi-Tenant Data Center Design, Build, Operations

    Thu, 20 Nov 2014 08:30:00

    In today’s rapidly changing data center landscape, multi-tenant data center service providers are constantly advancing with the demands of the market.

  • The Industrialisation of Data Centers

    Mon, 20 Oct 2014 14:00:00

    This webinar will present the technical background to modular approaches, the implications of implementation, and an assessment of the pros and cons. Intensive research has already been carried out, and a wide range of projects completed.

  • Thinking outside the pizza box: a sideways look at high-density Fiber Management

    Thu, 9 Oct 2014 15:00:00

    Connectivity specialists HUBER+SUHNER examine the evolution of Data Centers and challenge the traditional “pizza box” approach to fiber management by examining how alternative solutions can significantly reduce footprint, increase port density and lower operational costs.

  • EU Data Center Quarterly IT update for Q2 2014

    Thu, 2 Oct 2014 13:00:00

    In June this year DCD Intelligence (DCDi) in conjunction with IT Candor launched a new quarterly service to track the IT spending development and market shares within data centres in the European Union.

More link