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.
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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.”
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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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