Bolloré Group and Alibaba Group signed an extensive Memorandum of Understanding concerning areas of their respective business units and subsidiaries, including Alibaba Cloud, Cainiao Smart Logistics Network, Bolloré Logistics and BlueSolutions. As part of the agreement, the two companies will cooperate and share their expertise and market.
Cloud computing and innovation
Alibaba Cloud, the computing arm of Alibaba Group, will provide a comprehensive suite of solutions to the Bolloré Group, encompassing cloud computing capabilities, big data, artificial intelligence, content delivery network and security solutions.
Bolloré Logistics and Cainiao Smart Logistics Network agreed to work together on identifying cooperation opportunities with their respective logistics capabilities, hubs and networks, in Asia, the Middle East, Africa and Europe.
Smart and clean mobility, clean energy
BlueSolutions and Alibaba Group will explore the opportunity to co-develop solutions for Internet electric car and buses and cooperation opportunities in the development of car-sharing solutions in China. They will also look at the feasibility to implement clean energy solutions, drawing on batteries and electricity storage technologies, at Alibaba’s data centers worldwide.
Finally, the two companies will share best practices and will look into the development of some joint software and data management solutions.
“We are delighted to have concluded this comprehensive partnership agreement with Alibaba Group and are looking forward to working with them and their subsidiaries to develop business in our respective markets. The many areas of cooperation and several joint projects already identified by our respective teams are particularly promising.”
CEO OF BOLLORÉ TRANSPORT & LOGISTICS