Alibaba Cloud, WeWork collaborate for expansion in China

Data intelligence major Alibaba Cloud has collaborated with WeWork, a US firm that offers shared workspaces for start-ups, and SoftBank Telecom China for providing a platform for cloud-based technology solutions and flexible working space to businesses planning to enter China or scale up their presence in the Chinese market.

Lancelot Guo, Vice President, Alibaba Group, and General Manager (Strategy and Marketing), Alibaba Cloud Intelligence, said, "It is a first-of-its-kind opportunity for any business focusing on the China market as they can benefit from the local expertise, vertical-focused experience and innovation from three companies in one package. Together, we are committed to supporting global enterprises to connect with digitally-savvy Chinese customers."

Christian Lee, Vice Chairman of  WeWork Asia, stated, "The partnership is significant for WeWork because we ourselves have been through the journey of setting up and scaling our business in China. When we began our journey here in China back in 2016, we had to adopt a very localised approach to navigate in this very unique business environment. Leveraging our own experience and our partnership with Alibaba Cloud, we are confident to support and empower companies to enter and scale in China."