Alibaba.com, China's leading B2B e-commerce portal, announced its software subsidiary Alisoft has inked the strategic cooperation framework agreement with Nanjing municipal government to build the country's first "e-commerce cloud computing center" in the city, sources reported.

Pursuant to the agreement, Alisoft plans to start the construction as early as the beginning of 2009, and the initial investment is expected to hit RMB 100 million.

Alisoft also intends to build more could computing centers in other cities to align with its Hangzhou data center to provide e-commerce services to domestic users as well as computing, storage and network services.

Source:China Knowledge