Tuesday, March 07, 2017

Alibaba Cloud: Aliyun

Ambitious Alibaba takes aim at the kings of cloud computing | TechCrunch

"NASDAQ-listed Amazon’s market cap exceeds $400 billion, while Alibaba is valued at $250 billion according to its NYSE share price.
Two years ago, Alibaba decided to take the cloud part of its business more seriously and expand outside of China with a billion dollar investment in Aliyun (now known as Alibaba Cloud in English). At the time, Alibaba Cloud’s president Simon Hu made a bold prediction, telling Reuters, “Our goal is to overtake Amazon in four years, whether that’s in customers, technology, or worldwide scale.”

Alibaba is sixth in the world behind AWS, Microsoft, Google, IBM and Salesforce in infrastructure, platform and hosted private cloud services"

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