Alibaba Cloud forms three-way strategic alliance
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Alibaba Cloud has unveiled its latest partnership, in the form of a strategic alliance with WeWork and SoftBank Telecom China, in a move to support its global business expansion into China.
According to Alibaba Group, the partnership offers a one-stop platform from cloud-based technology solutions, enterprise services, flexible working space, events to business consulting for business of all sizes looking to enter China or scale up their presence in the booming market.
'It is a first of its kind opportunity for any businesses focusing on the China market, as they can benefit from the local expertise, vertical-focused experience and innovation from three of the most-visionary companies in the world in one package," states Lancelot Guo, vice president, Alibaba Group and general manager, strategy and marketing, Alibaba Cloud Intelligence.
'Together we are committed to supporting global enterprises to connect with digitally savvy Chinese customers,' he says.
'With Alibaba Cloud's innovative technologies and Alibaba's ecosystem support, we hope to help tackle some common challenges faced by multinational companies entering or growing in China, enabling them to explore more opportunities in the market and stay competitive.'
Christian Lee, vice chairman, WeWork Asia, says the partnership is significant to WeWork.
'We ourselves have been through the journey of setting up and scaling our business in China. When we began our journey here in China back in 2016, we had to adopt a very localized approach to navigate in this very unique business environment," he explains.
'We are grateful that we have developed a successful strategy and build the largest workplace platform in China. Leveraging our own experience and our partnership with Alibaba Cloud and SoftBank Telecom China, we are confident to support and empower companies to enter and scale in China through our holistic offering of space, community, employee experience, as well as accessibility to meaningful business connections and partnerships with the most innovative companies in China.'
Starting from today, businesses can benefit from the cloud and data intelligence technologies, cross-border IT infrastructure, as well as enterprise solutions tailored for different sectors offered by Alibaba Cloud.
In addition, program participants can enjoy flexible collaborative space (private, shared or customized), networking events, as well as accessibility and connections to target customers, business partners and the broader ecosystem from WeWork in China. Professional IT consulting services provided by Softbank Telecom China are also part of the program benefits, along with go-to-market support, access to local tech communities and other business support from all three partners.
"The program aims to empower global companies to create and expand business opportunities into the rapidly growing Chinese market."