The system is billed as a first for China’s major tech firms.

The e-commerce giant is launching a cloud computing hub in Silicon Valley, its first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition.

Foreign investors previously required a Chinese joint-venture partner to operate an e-commerce firm in the free trade zone.

Alibaba is set to impress with record sales on Singles’ Day but merchants complain that they bankroll the e-commerce giant’s big day.

The e-commerce giant and the studio behind the ‘Hunger Games’ films will launch a subscription streaming service in China.