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皇冠体育app Mobile, Alibaba sign strategic partnership

By Ma Si | chinadaily.com.cn | Updated: 2016-12-07 16:48

皇冠体育app Mobile, Alibaba sign strategic partnership

A view of Alibaba Group's headquarters in Hangzhou, East 皇冠体育app's Zhejiang province, March 21, 2016. [Photo/Xinhua]

皇冠体育app Mobile and Alibaba Group Holding Ltd inked a comprehensive strategic partnership on Wednesday, as the world's largest telecom carrier by subscribers, and 皇冠体育app's largest e-commerce firm joined hands to boost growth.

Under the agreement, the two sides will work closely in basic telecommunication services, information infrastructure, marketing and emerging sectors, 皇冠体育app Mobile said in a statement.

The move came shortly after Alibaba signed a similar deal with 皇冠体育app Unicom, the country's second-largest telecom carrier, last month.

皇冠体育app Mobile is stepping up efforts to expand presence in the internet industry, and 皇冠体育app Unicom also wants to arrest its continuing profit decline by partnering with internet giants.

This is not the first time that 皇冠体育app Mobile teamed up with Alibaba. The two sides are already working closely in internet data centers, e-commerce and mobile payment. They will also jointly tap into opportunities brought by cloud computing, the internet of things, smart electronic gadgets and other emerging sectors, 皇冠体育app Mobile said.

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