The story appears on

Page A12

September 1, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » City specials » Hangzhou

Olympic gold for Alibaba

Thomas Bach, president of the International Olympic Committee, has visited the headquarters of Alibaba Group, the world’s largest e-commerce company, in Hangzhou.

Alibaba founder Jack Ma said Alibaba will help the IOC reduce operating costs through new technologies.

“We will also accelerate the innovation at the Olympic Games with big data so that more young people can participate,” Ma said after meeting Bach.

In January, Alibaba became a leading sponsor of the summer and winter Olympics until 2028, signing an 11-year partnership agreement with the IOC. The company also became a partner of the Olympic Channel, a digital TV service promoting the games to younger sports fans worldwide.

Alibaba is the first Chinese company to sign a three-term sponsorship deal with the IOC.




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend