On January 12, Alibaba reported its strategic cooperation with Geely.

Yesterday, we held a “meeting with fellow villagers” in Xixi Park, which was very lively.

We formally signed a strategic cooperation agreement with Geely Holding Group.
Geely, like Alibaba, was born in Zhejiang, based on the local area, while exploring the road to globalization. We are fellow villagers and fellow travelers.

As representative enterprises in the fields of digital economy and real economy, the two sides will carry out in-depth cooperation in four aspects including cloud computing and industrial Internet, automobile intelligence and intelligent travel, digital intelligent marketing, and sustainable development, and jointly output intelligence full-link digital solutions for the automotive industry.

“China’s auto industry is shifting from the first half of ‘electrification’ to the second half of ‘intelligence’, and what supports the transformation of intelligence is a digital system that can fully cover R&D, manufacturing, and sales. Geely Holding Group has been exploring these fields for a long time, while Alibaba has rich experience and technological strength in the digital field. Geely hopes to deepen cross-field integration and innovation with Alibaba to lead the digital technology transformation of the automotive industry.”

——Li Shufu, Chairman of Geely Holding Group

“Alibaba and Geely start from different fields and face a common future. By cooperating with Geely, we can take advantage of digitalization and deepen our understanding of digitalization and intelligence in the automotive industry.
We hope to work with Geely to install a new digital engine for China’s smart car manufacturing industry, so that the digital economy and the real economy can go hand in hand.”

——Zhang Yong, Chairman and CEO of Alibaba Group

In the future, we will always be based on using digital technology to serve the real economy, stand together with industry partners from all walks of life, and promote the high-quality integration and development of the digital economy and the real economy.