Ant Group affiliate OceanBase has unveiled plans to strengthen its presence in Hong Kong, using the city as a base for overseas expansion to grow its share in the global database market dominated by US technology giant Oracle.
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The Chinese distributed database provider had designated Hong Kong as a “strategic hub” for its global expansion, following rapid growth in the city, as well as in Macau and the mainland, CEO Evan Yang said on Thursday.
The move further solidified Hong Kong’s role as a hub for mainland Chinese technology companies seeking to enhance their international influence.
To support its ambitions, OceanBase ensured that its solutions were compatible with six major global cloud service providers, including Amazon Web Services, Google Cloud, Alibaba Cloud and Tencent Cloud, enabling it to serve over 50 regions worldwide, according to Yang.
The company had also begun establishing local teams in Southeast Asia, Japan, Latin America and the US west coast, he said.
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Ant Group is an affiliate of Alibaba Group Holding, owner of the Post.