Kuries wrote a post · Nov 3, 2022 02:10

Alibaba and China Telecom signed a strategic cooperation agreement involving platform based smart cities and other fields

Prior to that, $Tencent(TCEHY.US)$ and $CHINA UNICOM(00762.HK)$ had obtained the approval of the State Administration of Market Supervision to establish a new hybrid transformation company.

On November 2, at the "Alibaba Partner Forum" of the 2022 Internet Conference, Alibaba signed a strategic cooperation agreement with $CHINA TELECOM(00728.HK)$.

The two sides will give full play to their respective advantages to carry out innovative cooperation in such fields as platform based smart cities, digital governments, data centers/cloud computing/big data, communications and international business, and smart homes.

$ALIBABA GROUP HOLDING LTD(BABAF.US)$ $Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(BK2517.US)$ $China Telecom Corporation(601728.SH)$

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Kuries

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