[ TRANSACTION RECORD ]

TX-271

VERIFIED VECTOR ID: 002175 · tx-271
M SOURCE NODE — FUNDER
— No Funder Linked —
$2,000,000,000
EQUITY
07/02/2024
Q DESTINATION NODE — RECIPIENT
SPV China
Amount (USD)
$2.0B
Flow Type
EQUITY
Transaction Date
07/02/2024
Primary Source
Funder Profile [ M ]
Entity
AUM
HQ Location
Sector
Recipient Profile [ Q ]
Entity Type SPV
Jurisdiction China
Intelligence Note

Alibaba Group announced a 2 billion dollar investment into its cloud computing and digital infrastructure division to enhance its data center network across Asia. This transaction aims to support the digital transformation of businesses through advanced AI and cloud services. The deal underscores Alibaba’s commitment to maintaining its leadership in the regional technology and e-commerce market.

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✓ SOURCE LINKED