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Alibaba Cloud expands products with livestream shopping, data centers

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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.

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…



Source cnbc.com

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