New to Malta: Alibaba can be an important contributor to Malta’s e-commerce strategy, Silvio Schembri said

The cloud computing arm and business unit of Alibaba Group, Alibaba Cloud, is interested in working with Malta, describing the island as “ready to embrace innovation”.

When addressing a networking event for the introduction of Alibaba group to the local firms, Parliamentary Secretary for Financial Services, Digital Economy and Innovation, Silvio Schembri, said that Alibaba can be an important contributor to Malta’s e-commerce strategy, helping local and foreign investors to increase their visibility globally. 

He affirmed his confidence in Alibaba Cloud International saying they had the right tools to help those companies wishing to grow further their digital operation. “The presence of Alibaba Cloud International tonight shows that the work done so far within our digital economy is attracting big companies that want to have a presence in Malta,” concluded Schembri.

Chairman of Malta Gaming Authority, Joseph Cuschieri, said that he was delighted that Alibaba Group had chosen to participate in Malta’s technological development. “With their cutting-edge data technologies, advanced cloud platforms, big data solutions and artificial intelligence capabilities, they will surely add value to Malta’s ecosystem which will be beneficial to the gaming industry but also the whole digital economy,” said Cuschieri.

General Manager of Alibaba Cloud International, Yeming Wang, said that Alibaba sees Malta’s industry as very unique as the Government is open for business and ready to embrace new innovation. Alibaba wants to be in Malta to contribute with its technology platform together with the economy’s innovative perception. 

‘The Alibaba Technology Networking Event’ served as an opportunity for Alibaba to introduce itself to the local gaming industry while expressing its intentions for future collaboration with the Maltese Government and the Maltese local industry.  Alibaba Cloud international is a world-renowned provider of a comprehensive suite of global cloud computing services and data technology.

Alibaba Cloud offers high-performance, elastic computing power in the cloud. Services include data storage, relational databases, big-data processing, anti-DDoS protection and content delivery networks (CDN). At the same time Alibaba Cloud is committed to the research and development of large database systems and advanced big data technologies. Its R&D efforts include the advancement of IoT (Internet of Things) technology, virtual reality, smart homes, automotive networking and information systems, and cloud-based mobile-device operating systems.


(Source: Press release by the Parliamentary Secretariat for Financial Services, Digital Economy and Innovation)



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