Abstract : Shanghai Athub Co.,ltd announced that it had received a letter of intent (LOI) from Alibaba on Monday to co-develop a data center.

BEIJING, May 15 (Xinhua) -- Shanghai Athub Co.,ltd announced that it had received a letter of intent (LOI) from Alibaba on Monday to co-develop a data center.
Construction period of the data center is planned to be 18 months, according to the announcement.
Shanghai Athub is expected to charge data service fee from Alibaba over a period of 10 years after the data center goes into service. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)
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Keyword:
Alibaba
Shanghai
Athub