$TIMECOM (5031.MY)$ Alibaba Group Holding Group's (NYSE:BABA...

Alibaba Group Holding Group's (NYSE:BABA) cloud computing unit will shut down its data centers in Australia and India as it redirects infrastructure spending to other markets.
The decision comes as part of an "infrastructure strategy update" following a careful assessment to prioritize investments in Southeast Asia and Mexico.

As Alibaba shifts its focus to developing data centers in Southeast Asia after closing its data center in India, it might seek partnerships with local companies like Pos Malaysia, TM One, and other regional digital transformation leaders to leverage local expertise and infrastructure