Alibaba and Bolloré sign global partnership agreement

Alibaba

Alibaba Group and Bolloré Group have announced a global partnership agreement in the fields of cloud services, innovation and digital transformation, clean energy and mobility and logistics. The companies signed an extensive Memorandum of Understanding outlining the areas in which their respective business units and subsidiaries, including Alibaba Cloud, Cainiao Smart Logistic Network, Bolloré Logistics and Blue Solutions, have agreed to cooperate and develop a number of relevant joint projects. In addition, the groups decided to share their expertise and market knowledge to explore new business opportunities, notably in China, Europe and Africa.

As part of the agreement, Alibaba Cloud, the computing arm of Alibaba Group, will provide a comprehensive suite of solutions to the Bolloré Group, encompassing cloud computing capabilities, big data, artificial intelligence, content delivery network and security solutions,

Bolloré Logistics and Cainiao Smart Logistics Network have agreed to work together on identifying cooperation opportunities with their respective logistics capabilities, hubs and networks, in Asia, the Middle East, Africa and Europe. The two companies will also share best practices and will look into the development of some joint software and data management solutions.

Source: Bolloré Logistics