TECH - Alibaba To Close Data Centers in Australia And India Divert Investments To Southeast Asia And Mexico | Benzinga
Alibaba Group Holding Group’s (NYSE:BABA) cloud computing unit will shut down its data centers in Australia and India as it redirects infrastructure spending to other markets.
The decision comes as part of an “infrastructure strategy update” following a careful assessment to prioritize investments in Southeast Asia and Mexico.
Alibaba Cloud will halt its data center services in India after July 15, and in Australia after September 30, SCMP reports.
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Alibaba notified customers in these regions to migrate their business operations to data centers in Singapore and other locations.
The affected data center zones include facilities in Sydney, established in 2016, and Mumbai, established in 2018.
Alibaba stock has lost over 14% in the last ...