Bollore Group signed a global partnership with Alibaba

Bollore Group, the French conglomerate run by billionaire businessman Vincent Bollore, said it had signed a global partnership with E-commerce company Alibaba.

The two companies said the partnership would cover cloud computing services, clean energy, logistics and other areas such as new digital technologies and innovation, reports Reuters.

Bollore Group, which runs a large logistics business in former French colonies in Africa, also has a stake of around 20 percent in French media giant Vivendi. Alibaba has been expanding its logistics network at home and abroad as it works to diversify its customer base.

Avatar

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
No Comments

Translate this News

Join the Facebook Group

Click here to join the Facebook group of News Hour

Popular Posts

Advertisement

News of the Month

Scroll Up
%d bloggers like this: