Alibaba’s Ma Forges Relationship-Building Tech Deal With Dubai - Bloomberg Business:
"Alibaba Group Holding Ltd.’s cloud-computing subsidiary is teaming up with Dubai-based Meraas Holding LLC as the company uses its technology to extend its influence beyond China.
The joint venture of Alibaba’s Aliyun and Meraas will provide a broad swath of technology to businesses and governments in the Middle East and North Africa. Jack Ma, Alibaba’s executive chairman, and the rest of the Hangzhou, China-based multinational’s management team, laid the groundwork for the deal in a meeting last September with the ruler of Dubai, Aliyun President Simon Hu said in an interview.
The collaboration is “based on the Alibaba international strategy as well as the development of the Chinese international strategy,” Hu said. “Aliyun will export its technology capabilities and help Dubai to build its data capacity.”"
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