• Chinese giant Alibaba partners with MultiversX as EGLE enters the Asian market

Chinese giant Alibaba Cloud announced a partnership with #MultiversX (EGLE), while Alibaba (NYSE: BABA) announced its Q3 2024 financial results. The partnership began at a time when Egle was listed on #UpBit and was actively entering the Asian market, receiving notable media mentions.

the 30th, Ye Huang, General Manager of Alibaba Cloud in Germany and Central EU, announced the partnership and support for MultiversX developers at the xDay event in Munich.

Alibaba said today that it"looks forward to working with MultiversX" to support the needs of developers, and now has 2x.

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At the event, Ye Huang announced plans for Alibaba Cloud and MultiversX to hold hackathons and public events in the first quarter of 2025. These events will be held in Hong Kong, Thailand, Singapore, Tokyo, Seoul, Dubai and Shanghai to facilitate entry into the Asian market.

additionally, he not only introduced Alibaba's cloud infrastructure solutions to MultiversX developers, but also provided partnerships to attract more users. According to Ye Huang, the company has a strategy to attract its customers to the EGLD ecosystem.

This move with Alibaba is another step that MultiversX is taking by entering the Asian market in different ways. 1

As reported by Colin Wu on 11/13/2013, South Korea's largest #cryptocurrency exchange has registered EGLE along with 9 other cryptocurrencies. The exchange in question, Upbit, is also one of the most expensive startups in the country and marks an important milestone. 1

In addition, MBN Money, one of Korea's largest media outlets, reported on Adam Bates, the head of MultiversX foundation and former head of Cardano.

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