Chinese tech giant Alibaba recently has announced that it is partnering with international tech firms like SAP and Check Point Software. Through its cloud division, Alibaba Cloud, the company aims to help SAP and Check Point Software to penetrate the highly regulated Chinese tech market.

CNBC reported that Alibaba Cloud would help international firms to deliver their software and products directly in China using the company's cloud infrastructure. Aside from SAP and Check Point Software, Alibaba confirmed that at least 11 tech firms from the United States, Japan, Thailand, and Europe have all expressed their intention to partner with the Chinese tech giant.

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In a statement acquired by Fortune, Alibaba Cloud Global general manager Sincheng Yu said, "The AliLaunch program and Global Technology Partners Marketplace serve as the perfect platforms for making different software products accessible to businesses and organizations in China."

Yu added that international firms would also face the scrutinizing arm of the Chinese regulatory board to establish a local root in the country. The main role of Alibaba in this venture is to help international firms with local regulation.

Alibaba Cloud currently counts more than 2.3 million customers, at least 500,000 of which are paying customers. Just like Amazon, which also started as an e-commerce platform, Alibaba is slowly branching out to several tech markets to diversify its revenue. Alibaba's cloud division is the company's fastest-growing business segment with revenue growing at least 175 percent on a year-to-year basis. On the other hand, Alibaba Cloud only accounts for around four percent of the company's total revenue.

TagsAlibaba, Alibaba Cloud, Alibaba Cloud news, SAP, Check Point Software, Cloud computing