Alibaba group acquires Kanbox to expand cloud services

Alibaba group has announced plans to acquire Kanbox to expand it’s product range to consumer cloud services.  Alibaba is one of the major Chinese e-commerce giant. Alibaba is also directly competing with rivals Tencent and Baidu in terms of storage space, as it is offering up to 10TB worth of free cloud storage.

Users get up to 10TB worth of free cloud storage on Kanbox once they link their Laiwang account to their Kanbox account. Laiwang is Alibaba’s chat app, which the company has been pushing hard to promote in the crowded field of social networking and messaging services.

Kanbox is complementary to Alibaba’s existing online shopping services.


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