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Technology Stocks : Alibaba Group Holding Limited
BABA 173.55+1.0%Dec 15 8:04 PM ESTNews

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From: JakeStraw12/7/2017 12:04:27 PM
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Ford recruits Alibaba to help break into China’s electric vehicle industry
techcrunch.com
Alibaba is the country’s largest e-commerce firm that’s best known for its Taobao marketplace and T-Mall service for brands. The alliance could see Ford utilize T-Mall to sell cars to consumers — the company has sold items like cargo jets via Taobao before — but there could be room for collaboration within Alibaba’s ‘Next Retail’ strategy that unites online and offline commerce.
Beyond sales, the companies said they will explore opportunities to work together on technology, including cloud computing for big data analysis, digital marketing services and using Alibaba’s AliOS operating system.
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