Xunlei Announces Cooperation to Offer Joint Cloud Storage Services
SHENZHEN, China, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced that the Company established cooperation with Shijilong Information Network Co., Ltd. (“Shijilong”, http://www.21cn.com/) on November 6, 2020 to develop joint cloud storage services. Shijilong is a wholly-owned subsidiary of China Telecom.
According to this cooperation, Xunlei will leverage its technological expertise by providing e-Surfing Cloud Storage, the cloud storage product run by Shijilong, with “Xunlei Space” services, a public cloud product. The cooperation will enable e-Surfing Cloud Storage to cover both public cloud and private cloud services. As part of the cooperation, the parties intend to launch a joint membership program, under which users will have simultaneous access to both of their cloud storage services.
The cooperation represents a first step for the parties to develop collaboration in their product portfolios. And the parties intend to explore other consumer-related products to achieve resource sharing and mutual benefits.
Founded in 2003, Xunlei Limited (NASDAQ: XNET) is a leading innovator in shared cloud computing and blockchain technology in China. Xunlei provides a wide range of products and services across cloud acceleration, blockchain, shared cloud computing and digital entertainment to deliver an efficient, smart and safe internet experience.
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