E-commerce titan Alibaba has fully purchased Kanbox, which is a leading cloud storage provider in China, for an undisclosed sum.
Reports reveal that Alibaba stated that Kanbox users are now able to integrate their accounts on Alibaba related services.
Kanbox has been having a healthy growth since it was launched in 2010. It has accumulated over 15 million users, with 3 million of those accessing it from mobile. The company is also offering special accounts for Taobao sellers.
The acquisition comes at a time when Alibaba is continuing to cement its position in both mobile and cloud storage services and also venturing into web services that are consumer oriented, especially smartphones.
After the acquisition, Alibaba and Kanbox are offering 10TB of free storage. The impact of Kanbox’s acquisition on Alibaba’s Aliyun project is not yet clear. However, the purchase confirms Alibaba’s push to integrate cloud storage infrastructure into its services.