Zhang Jianfeng, president of Alibaba Cloud Intelligence, speaks during the opening ceremony of Alibaba Renhe Cloud Data Center on September 16, 2020 in Hangzhou, Zhejiang Province of China.<\/p>\n
Qian Chenfei | China News Service | Getty Images<\/p>\n
GUANGZHOU, China Alibaba has launched a slew of new cloud computing products as the Chinese e-commerce giant looks to expand across Asia.<\/p>\n
Cloud computing is seen as a key profit driver for Alibaba over the long term and in the past few years, it has been boosting its presence aggressively outside of China.<\/p>\n
On Tuesday, Alibaba announced plans to open a new data center in the Philippines by the end of the year and launched a third data center in Indonesia. Expanding data centers allows cloud providers to boost their capacity in certain countries or regions.<\/p>\n
Alibaba also launched a cloud-based livestreaming product designed for online shopping. It will allow e-commerce players to launch a live stream shopping feature on their websites or apps that are hosted on Alibaba's cloud.<\/p>\n
Livestream shopping usually involves a host talking about products that customers can buy directly via the live broadcast. It has become very popular in China and is growing in other parts of Asia.<\/p>\n
The Chinese e-commerce firm hopes that such a product can help it stand out from U.S. rivals including Microsoft and Amazon in the cloud market.<\/p>\n
In the Asia-Pacific region, Alibaba was the biggest public cloud market vendor at the end of 2020 with a 19.2% share, according to IDC, boosted by success in China. Amazon was second with a 10.5% share.<\/p>\n
However, in the global market, Alibaba still trails Microsoft, Amazon and Google.<\/p>\n
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Alibaba expands cloud products with livestream shopping in its battle against Amazon - CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Zhang Jianfeng, president of Alibaba Cloud Intelligence, speaks during the opening ceremony of Alibaba Renhe Cloud Data Center on September 16, 2020 in Hangzhou, Zhejiang Province of China. Qian Chenfei | China News Service | Getty Images GUANGZHOU, China Alibaba has launched a slew of new cloud computing products as the Chinese e-commerce giant looks to expand across Asia. Cloud computing is seen as a key profit driver for Alibaba over the long term and in the past few years, it has been boosting its presence aggressively outside of China Continue reading