Alibaba: Microsoft, Amazon are friends – not rivals
March 16, 2015
Grazed from CNBC. Author: Arjun Kharpal.
Amazon and Microsoft are "friends" not rivals of Alibaba in the cloud computing space, a top exec at the Chinese e-commerce giant told CNBC. The comments come just a few days after Alibaba opened a data center in Silicon Valley—its first on U.S. turf in a cloud market dominated by Amazon, Google and Microsoft.
But Ethan Yu, the international head of Alibaba’s cloud division, Aliyun, told CNBC that the company was not in competition with its U.S. counterparts. "The public cloud business is growing exponentially. There is just huge room for everyone to grow. We are trying to position differently from our friends in this area. We would not call them competitors," Yu said in an interview at tech trade fair CeBit, in Hanover, Germany…
Read more from the source @ http://www.cnbc.com/id/102507984