Alibaba group selects 21vianet group, inc. as one of its idc providers to help expand its footprint

21vianet group, inc. announced that it has signed a memorandum of understanding (the 'mou') with alibaba to deploy idc services. located in eastern china, this project will be deployed in two phases. the first phase expects to complete construction and delivers by the first half of 2020. during the term of the project contract, the first phase is expected to generate revenue of rmb 1.6 billion.
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