Alibaba plans to invest $28 billion in remote-based services

Alibaba plans to invest $28 billion in remote-based services

The large Chinese company Alibaba Group Holding is planning to strengthen its closed-based business, especially now after the new corruption explosion has increased demand for online services. The Chinese electronic trade giant announced on Monday its plans for a major investment that [...]

The large Chinese company Alibaba Group Holding is planning to strengthen its closed-based business, especially now after the new corruption explosion has increased demand for online services.

The Chinese electronic trade giant announced on Monday its plans for a major investment she will make in her three-year plan amounting to the staggering $28 billion.

 

 

This huge amount of investments will be oriented into new operations, as the company aims to help businesses accelerate their transition to digital services, much more now among the COVID-19 pandemic.

Investments will focus on Alibaba's US base and include areas such as the operating system, communications-based services, servers, new processors and networks in general.

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