Japan, May 13, 2016 — SoftBank Corp. (“SoftBank”), the Japan-based telecom subsidiary of SoftBank Group Corp. (TOKYO:9984) and Alibaba Group Holding Limited (NYSE:BABA) (“Alibaba Group”), one of the largest online and mobile commerce companies in the world, today jointly announced the establishment of SB Cloud Corporation (“SB Cloud”) to launch cloud computing services in Japan that utilize technologies and solutions from Alibaba Cloud, the cloud computing arm of Alibaba Group.
