Finance Associated Press, Nov. 20, at the headquarters of Alibaba Group in Hangzhou today, China Duty Free (Group) Co., Ltd. and Alibaba Group signed a memorandum of strategic cooperation. Peng Hui, general manager of China International Travel Limited by Share Ltd and CEO Zhang Yong of Alibaba group, witnessed the signing ceremony. The strategic cooperation includes Alibaba's flying pigs, Ali cloud, Alipay, rookie logistics and other business lines. In the future, the two sides will establish a long-term stable, win-win and mutually beneficial strategic partnership. Through resource sharing and complementary advantages, we will work together to create a new model for the new retail and tourism shopping areas.
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