China-based Alibaba Group Holding Ltd. (NYSE: BABA) has announced that it is halting its data center operations in Australia and India as it focuses on expanding into southeast Asia and Mexico. The e-commerce company’s cloud computing unit is poised to build new facilities in South Korea, the Philippines, Thailand, Malaysia and Mexico over the next three years as part of companywide efforts to increase infrastructure spending in different markets.
The move to shut down its data center operations in India and Australia is part of Alibaba Cloud’s “infrastructure strategy update.” According to…
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