Aliyun and Alibaba Cloud have signed a deal to nurture entrepreneurs in Greater China and further afield. Alibaba Cloud, which is also known as WeWork Labs Greater China, will provide technology and entrepreneurial support across a range of sectors, from fintech and e-commerce to entertainment and logistics. The two companies plan to introduce eight co-branded labs in Beijing, Shanghai, Hangzhou and Shenzhen this year, aiming to help 20 foreign start-ups break into China and 30 Chinese firms expand overseas.
WeWork Labs Greater China and Alibaba Cloud have signed a deal to nurture entrepreneurs in Greater China and further afield. Alibaba Cloud, which is also known as Aliyun, will provide technology and entrepreneurial support across a range of sectors, from fintech and e-commerce to entertainment and logistics. The two companies plan to introduce eight co-branded labs in Beijing, Shanghai, Hangzhou and Shenzhen this year, aiming to help 20 foreign start-ups break into China and 30 Chinese firms expand overseas.