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 Alibaba.com, Taobao.com, 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...
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