Alibaba Signs Cooperative Agreement With Chengdu

News Source:

Chinese B2B e-commerce group Alibaba has signed a cooperative agreement with Chengdu Hi-Tech Industrial Development Zone on its new western base project, making Chengdu the first stop for the group's domestic distribution apart from its Zhejiang headquarters.

Under the agreement, Alibaba will invest USD100 million to build its western base in Chengdu and the business range of this new project will cover relevant services of Alibaba Group's subsidiaries, including,, Alisoft, Alipay, and Yahoo Koubei. In addition, the base will have various functions such as research, development, background operation, maintenance, disaster recovery, and training.

At the same time, Alisoft, Alibaba's software subsidiary, signed an agreement with Chengdu to open a new operating service center in the city. According to Nong Jiaqing, vice pr...

This news article comes via , who is the copyright owner of this information and news. has licensed the rights to this article and any republication or re-distribution in whole or in part of this content is strictly prohibited without the express consent of

You May Also Like