Saudi Arabia signs MoUs with IBM, Alibaba and Huawei on AI
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/24/2026
- Wall Street closes lower to end rocky week
- Meta's capital-raising plans expose a major weakness in the AI boom
- Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April
- BofA flags further downside risk for stocks, yields and dollar
- SpaceX cell-site ambitions lift tower stocks and weigh on carriers
Alibaba (BABA) Enters Strategic Partnership with BMW to Promote Digital Transformation Across Businesses
October 26, 2020 6:19 AM EDTAlibaba (NYSE: BABA) and BMW signed a Memorandum of Understanding (MoU) for strategic partnership in Beijing. Adhering to the principle of complementary advantages and win-win cooperation, the both sides will leverage their own resources, and carry out comprehensive cooperation in branding, marketing, channels, end-to-end operations, services, information technology, etc., aiming to implement the digitalization strategy into BMWs full business process, and enable dealers to provide an end-to-end and online-to-offline digital experience for customers.
Jochen Goller, President and CEO of BMW Group Region China said, Cross industry collaboration and open innovation exchange are indispensable in... More



