Alibaba and SoftBank have announced a new joint venture targeting Japan’s competitive cloud computing market.
The new company, SB Cloud Corporation, will open a new data centre in Japan and plans to provide public cloud computing services from the Chinese e-commerce conglomerate’s Alibaba Cloud subsidiary, according to an announcement by the companies.
In 2016 Japan ranked second among top markets for global cloud services according to a case study by the US Department of Commerce’s International Trade Administration. Despite an established market of local competitors, the administration noted that Japan “has no current trade barriers that offer preference to domestic cloud providers.”
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