• Alibaba Cloud set to invest $1bn in overseas partnerships

    6 days ago - By Tech Radar

    Alibaba Cloud is set to invest $1 billion over the next three years to support its partners' "technology innovation and market expansion". The investment from the Chinese tech giant's cloud computing division will consist of a mix of both financial and non-financial incentives, including "funding, rebates, and go-to-market initiatives". In addition, Alibaba Cloud is also set to launch a "regional accelerator" program to provide its partners operating in different markets with a localized business collaboration model.
    So what's the bigger picture?
    Alibaba already controls a pretty large...
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