Look Out Alibaba, JD.com Is Expanding Its Cloud and AI Presence
JD.com (NASDAQ: JD), China's largest direct retailer and second-largest e-commerce company, recently partnered with Cloudflare (NYSE: NET) to strengthen its cloud and AI business.
Cloudflare, which secures internet traffic between clients and servers, entered the Chinese market in 2015 and currently operates in over 90 countries and 200 cities worldwide. It runs data centers in 17 Chinese cities and maintains a long-standing partnership with online search leader Baidu (NASDAQ: BIDU).
JD will expand Cloudflare's network to an additional 150 data centers across China. Cloudflare will design the network, while JD Cloud & AI will provide the capital and infrastructure. The companies expect to complete the project within three years.
Source Fool.com
