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Singapore chosen as overseas HQ by Alibaba's cloud computing arm
[SINGAPORE] The cloud computing arm of Alibaba has chosen Singapore as the headquarters of its overseas business, on top of being a site for its new data centre, as the Chinese e-commerce giant expands globally."Singapore is a natural destination to be our headquarters for overseas expansion," Ethan Yu, vice president of Aliyun said in a statement on Tuesday.
He added: "The city state is a natural springboard into the Asia Pacific region, not only for us, but for our target audience. We are seeing healthy demand for cloud-related data management services in Singapore because of the ease of doing business, comprehensive transport and telecommunications connections and robust intellectual property regime." Aliyun's new cloud data centre in Singapore will serve the cloud computing needs of businesses investing in Southeast Asia, with a focus on Chinese businesses.
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