国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

US EUROPE AFRICA ASIA 中文
Business / Companies

Alibaba, Meraas in deal targetting Mideast market

(Xinhua) Updated: 2015-05-13 09:32

Alibaba, Meraas in deal targetting Mideast market

Visitor walks at the headquarters of Alibaba Group in Hangzhou city, East China's Zhejiang province, Sept 21, 2014. [Photo/IC]

DUBAI - Chinese e-commerce firm Alibaba and Dubai's state-owned developer Meraas signed a deal Tuesday to establish a joint venture providing big data and cloud computing services in the Middle East and North Africa, the firms said in a joint statement.

The joint venture will be headquartered in Dubai, according to the agreement, which was signed at the Alibaba campus in Hangzhou, East China.

The new venture will specialize in application development, service-oriented architecture, testing, validation, citizenship E-services and big data operations, with a focus on analytics and payment solutions, the statement said.

News of the deal with Meraas came after Alibaba bought a large stake in US online retailer Zulily for $56 million, allowing it to gain footing across the Pacific.

Alibaba has been eager to stretch its business network to overseas markets following its success in China.

Meraas is known for developing residential and commercial property in Dubai and across the Middle East and North Africa.

The firm also has an investment arm, Meraas Capital, engaging in asset management in the US property market.

 

Hot Topics

Editor's Picks
...