Comes as company reached one million cloud customers and revenues grow 96% in one quarter.
Alibaba wants to continue to expand its footprint outside China and is reportedly considering new locations for a second European cloud data centre.
According to Bloomberg, the Chinese company is currently looking at London, UK, and Sweden to become the company’s second data centre home in the West adding to its Frankfurt data centre opened last November.
Lin Luo, Alibaba’s deputy director for international government and public affairs, said: “Right now, Europe is really a weak region for us, very weak.
“We have to figure out what is the best strategy for here.”
Alibaba posted in the last quarter, a growth of 96% around its cloud business with revenues reaching $359m.
It was also during the last quarter that the company reached its first one million cloud customers.Source: Data Economy