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Alibaba Plows $1B Into Aliyun, Its Cloud Computing Unit

30 July, 2015

Alibaba Plows $1B Into Aliyun, Its Cloud Computing Unit

Alibaba Group announced today that it will invest a further $1 billion into Aliyun, its cloud computing unit. The capital will be used to expand Aliyun, which currently has data centers in China, Hong Kong, and Silicon Valley, into other international markets.

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