Alibaba Cloud has launched a new joint venture in Saudi Arabia, with local partners that include Saudi Telecom Co and eWTP Arabia Capital. The venture’s infrastructure expansion forms part of Alibaba’s commitment to invest in Saudi Arabia and contribute to the country’s Vision 2030 strategy. — SCMP
Alibaba Group Holding’s cloud computing unit will open two new data centres this week in Saudi Arabia, more than a year after the Chinese ecommerce giant committed to invest up to US$500mil (RM2.19bil) over a five-year period in the largest country in Western Asia.
Hangzhou-based Alibaba’s joint venture in the country, Saudi Cloud Computing Co, announced the infrastructure expansion at a launch ceremony last Sunday in Riyadh, the country’s capital, where the Chinese firm was represented by Alibaba Cloud Intelligence International president Selina Yuan. Alibaba owns the South China Morning Post.
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