Article FTE2 Cloud busting: Alibaba pumps $1bn into Aliyun, hopes it will rain cash

Cloud busting: Alibaba pumps $1bn into Aliyun, hopes it will rain cash

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from The Register on (#FTE2)
Story ImageChinese tat bazaar ramps up anti-Amazon efforts in global cloud domination fight

Chinese Amazon equivalent Alibaba is pumping $1bn (637m) into its cloudy arm Aliyun, thereby injecting cold, hard cash into its global domination plans."

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