Alibaba’s Hidden Asset: Ali Cloud
February 14, 2015
Grazed from SeekingAlpha. Author: Zejia Yao.
When we talk about Alibaba, we always refer to its e-commerce business. In fact, Alibaba is more than just an online shopping operator. It also offers cloud computing services that are underappreciated by the market.
Aliyun ("yun" means cloud in Chinese) is Alibaba’s cloud computing division. Originally, it was founded to handle the traffic volume and serve the data management of its own e-commerce platforms and Alipay, the payment platform. Since 2010, it has shared its cloud computing resources to generate revenue…
Nowadays, it offers a complete suite of cloud computing services, including elastic computing, database services and storage and large scale computing services to a wide range of business and government clients. According to a report from IDC, Aliyun is the largest IaaS (Infrastructure-as-a-Service) provider in China, accounted for 22.8% of the market share in the first half of 2014…
Read more from the source @ http://seekingalpha.com/article/2914836-alibabas-hidden-asset-ali-cloud