Collaboration enables Alibaba Cloud customers to use MongoDB's
flexible and highly scalable document-based data model and has led
to 8x growth in usage since 2019
G-bit, Xindong, and Pumpkin Film among
customers using ApsaraDB for MongoDB on Alibaba Cloud to build highly scalable
YORK, May 25, 2023 /PRNewswire/ -- MongoDB, Inc.
(NASDAQ: MDB) and Alibaba Cloud, the
digital technology and intelligence backbone of Alibaba Group
(NYSE: BABA), today announced a four-year extension to their
strategic global partnership that has seen significant growth since
being announced in 2019. MongoDB provides the world's most popular
non-relational database, and through this partnership, customers
can easily adopt and consume MongoDB-as-a-service—ApsaraDB for
MongoDB—from Alibaba Cloud's data
centers globally. Customers can use ApsaraDB for MongoDB to quickly
and easily build modern applications at enterprise scale. The two
companies are now collaborating to further integrate MongoDB and
Alibaba Cloud services to serve even
more customers across industries such as gaming, automotive, and
content development globally.
"MongoDB's partnership with Alibaba
Cloud is valuable for our customers for several reasons,"
said Alan Chhabra, Executive Vice
President for Worldwide Partnerships at MongoDB. "We joined a
U.S.-based software innovator and one of the most strategic cloud
providers in the world to bring MongoDB's flexible and scalable
data model to developers in China.
The past three years have produced tremendous innovation for our
joint clients, and we look forward to another four years of driving
even more customer success."
Alibaba Cloud works closely with
MongoDB's technical teams to rapidly develop and launch cloud
services for its customers. Alibaba
Cloud's ApsaraDB for MongoDB takes advantage of the document
data model to provide developers a flexible and highly scalable
database to easily build applications and quickly ship new features
to meet business demands. Tens of thousands of customers have
already taken advantage of ApsaraDB for MongoDB to seamlessly scale
and meet massive spikes in demand, including gaming and content
production companies like G-bit, Xindong, and Pumpkin Film. In the
automotive industry, usage of ApsaraDB for MongoDB on Alibaba Cloud has doubled over the past year due
to its flexibility to handle any type of data, scalability to meet
demand, and significant reduction in operational costs.
"The three years of cooperation with MongoDB have demonstrated
how much customers can benefit when we closely integrate MongoDB's
capabilities with Alibaba Cloud's
cloud-native environment, known as ApsaraDB for MongoDB" said Dr.
Li Feifei, President of Database Business, Alibaba Cloud
Intelligence. "By using the MongoDB database with Alibaba Cloud's distinctive features, customers
can rapidly innovate and scale their business while reducing costs
and increasing efficiency on ApsaraDB for MongoDB."
Headquartered in New York, MongoDB's mission is to empower
innovators to create, transform, and disrupt industries by
unleashing the power of software and data. Built by developers, for
developers, our developer data platform is a database with an
integrated set of related services that allow development teams to
address the growing requirements for today's wide variety of modern
applications, all in a unified and consistent user experience.
MongoDB has tens of thousands of customers in over 100 countries.
The MongoDB database platform has been downloaded hundreds of
millions of times since 2007, and there have been more than 1.8
million builders trained through MongoDB University courses. To
learn more, visit mongodb.com.
This press release includes certain "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended, or the Securities Act, and Section 21E of the Securities
Exchange Act of 1934, as amended, including statements concerning
MongoDB's strategic partnerships. These forward-looking statements
include, but are not limited to, plans, objectives, expectations
and intentions and other statements contained in this press release
that are not historical facts and statements identified by words
such as "anticipate," "believe," "continue," "could," "estimate,"
"expect," "intend," "may," "plan," "project," "will," "would" or
the negative or plural of these words or similar expressions or
variations. These forward-looking statements reflect our current
views about our plans, intentions, expectations, strategies and
prospects, which are based on the information currently available
to us and on assumptions we have made. Although we believe that our
plans, intentions, expectations, strategies and prospects as
reflected in or suggested by those forward-looking statements are
reasonable, we can give no assurance that the plans, intentions,
expectations or strategies will be attained or achieved.
Furthermore, actual results may differ materially from those
described in the forward-looking statements and are subject to a
variety of assumptions, uncertainties, risks and factors that are
beyond our control including, without limitation: the financial
impacts of the COVID-19 pandemic on our customers and our potential
customers; the effects of the ongoing military conflict between
Russia and Ukraine on our business and future operating
results; economic downturns and/or the effects of rising interest
rates, inflation and volatility in the global economy and financial
markets on our business and future operating results; our potential
failure to meet publicly announced guidance or other expectations
about our business and future operating results; our limited
operating history; our history of losses; failure of our database
platform to satisfy customer demands; the effects of increased
competition; our investments in new products and our ability to
introduce new features, services or enhancements; our ability to
effectively expand our sales and marketing organization; our
ability to continue to build and maintain credibility with the
developer community; our ability to add new customers or increase
sales to our existing customers; our ability to maintain, protect,
enforce and enhance our intellectual property; the growth and
expansion of the market for database products and our ability to
penetrate that market; our ability to integrate acquired businesses
and technologies successfully or achieve the expected benefits of
such acquisitions; our ability to maintain the security of our
software and adequately address privacy concerns; our ability to
manage our growth effectively and successfully recruit and retain
additional highly-qualified personnel; and the price volatility of
our common stock. These and other risks and uncertainties are more
fully described in our filings with the Securities and Exchange
Commission ("SEC"), including under the caption "Risk Factors" in
our Quarterly Report on Form 10-K for the year ended January 31, 2023, filed with the SEC on
March 17, 2023 and other filings and
reports that we may file from time to time with the SEC. Except as
required by law, we undertake no duty or obligation to update any
forward-looking statements contained in this release as a result of
new information, future events, changes in expectations or
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SOURCE MongoDB, Inc.