Business, Internet

HiChina Invests CNY300 Million In Internet Infrastructure Services

HiChina, the Chinese Internet infrastructure services provider, has announced plans to invest at least CNY300 million in the next three years to enhance its Internet infrastructure services.

This has been reportedly the company's first large move since it was acquired by the Chinese B2B e-commerce company in September 2009.

According to Alibaba, the CNY300 million investment will be mainly used for the upgrade of hardware equipment, including machine rooms, bandwidth, servers, and firewalls; the improvement and development of application systems, including website construction, domain name services, corporate email boxes, and hosting services; and other software, hardware, and staff investments for the optimization of customer services.

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