Alibaba Cloud, the cloud computing division of Chinese tech giant Alibaba Group Holding, is reducing prices for one of its infrastructure-as-a-service (IaaS) offerings by up to 10.2% in select international markets as part of its global expansion strategy.
The price cuts will apply to its Elastic Compute Service (ECS), which provides high-performance, stable, and scalable virtual cloud servers, in Frankfurt, Tokyo, and Dubai starting October 30, according to the Hangzhou-based company’s website.