E-commerce powerhouse Alibaba Group and the transportation and logistics focused Bolloré Group have announced a global partnership agreement.
As part of the partnership, the groups will look for opportunities for cooperation with their respective logistics capabilities, hubs and networks, and share industry best practices.
Additionally, the groups are looking to co-develop solutions for internet-connected electric cars and buses that could potentially implement voice control, multimedia, navigation and autonomous driving, as well as opportunities in car-sharing solutions in China.
Terry von Bibra, Alibaba Group’s general manager for europe, said “we are extremely pleased to kick off this collaboration with a prominent player across key industries like Bolloré Group.”
“As a global technology company, digital transformation and innovation in all fields are fundamental drivers of Alibaba’s mission of making it easy to do business anywhere, with the ultimate goal of better servicing our customers and stakeholders worldwide, today and tomorrow.”
Simon Hu, senior vice president of Alibaba Group and president of Alibaba Cloud noted the partnership was an exciting step toward Alibaba Cloud’s goal to “empower our customers with our inclusive and cutting-edge technology.
“We are proud to bring our cloud computing, big data and AI technology to the Bolloré Group and support their vision of being the pioneers in digital transformation.”
Alibaba Cloud, the computing arm of Alibaba Group, will provide its suite of solutions to the Bolloré Group, which will be combined with its knowledge and strengths to create joint value propositions.
Cyrille Bolloré, vice chairman and managing director of Bolloré Group, said he was delighted to have the partnership agreement concluded, and was looking forward to working with Alibaba Group.
“The many areas of cooperation and several joint projects already identified by our respective teams are particularly promising,” said Bolloré.
“We are also very pleased by our common willingness to share best practice and expertise that will be of strong benefit to all our companies.”
