AliCloud, Yunfeng Fund Launch RMB 1 Bln Cloud Developers Fund

Ce.cn, 10/24/11

Alibaba Cloud Computing ("AliCloud"), the cloud technology subsidiary of Hangzhou-based e-commerce conglomerate Alibaba Group, today announced it is partnering with Chinese private equity firm Yunfeng Capital to establish a RMB 1 bln cloud computing investment fund aimed at supporting developers for AliCloud's cloud platform and mobile OS. AliCloud also announced it will hold an Aliyun OS developer competition with RMB 1 mln in after-tax prizes.

AliCloud also unveiled its cloud computing services and products today, including a cloud developers' platform, storage and data management services for developers, and e-mail and search platforms.

Keywords: mobile OS storage wireless cloud computing e-mail AliCloud Yunfeng Capital online search Aliyun OS

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