Reported Earlier, AWS Expands Asia Pacific Presence With New Malaysia Region, Pans To Invest Around $6.2B
Portfolio Pulse from Benzinga Newsdesk
AWS is expanding its presence in the Asia Pacific with a new region in Malaysia, planning to invest $6.2 billion and create over 3,500 jobs annually through 2038. This move aims to meet the growing demand for cloud services in the region.
August 22, 2024 | 7:30 am
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Amazon's AWS is expanding its Asia Pacific presence with a new region in Malaysia, investing $6.2 billion and creating over 3,500 jobs annually through 2038. This expansion reflects AWS's commitment to meeting high demand for cloud services in the region.
The expansion of AWS in Malaysia is a significant investment that indicates Amazon's commitment to growing its cloud services in the Asia Pacific region. This move is likely to enhance AWS's market position and revenue potential, positively impacting Amazon's stock price in the short term.
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