technology

China's Hangzhou city, Alibaba sign strategic agreement


Hangzhou, the capital of China’s Zhejiang province city, has signed a comprehensive strategic cooperation agreement with the ecommerce giant Alibaba Group Holding, according to a city government statement on Thursday.

According to the statement, it is expected that Alibaba can expand its leading advantage in the platform economy and reinvigorate the innovation momentum of digital trade.

The eastern city also hopes that Alibaba could expand more new businesses and land more new projects in Hangzhou.

Discover the stories of your interest

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.



READ SOURCE

Readers Also Like:  Your iPhone is set for ‘the biggest’ free update ever later this year

This website uses cookies. By continuing to use this site, you accept our use of cookies.