Caixin
Nov 14, 2016 05:44 PM
BUSINESS

Unicom Finds New Internet Suitor in Alibaba

(Beijing) — Mobile carrier China Unicom Ltd. said it will work with e-commerce leader Alibaba on projects combining their strengths in telecommunications and Internet services in a partnership similar to one announced earlier this month between Unicom and leading search engine Baidu.

Unicom and Alibaba Group Holding Ltd. signed a strategic cooperation framework agreement late last week aimed at helping China achieve its aims of developing its online and related big-data sectors. The two companies did not provide more specifics, nor did they reveal any projects they will work on together.

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