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China Daily | Updated: 2014-05-30 06:59
Philips, Alibaba sign deal for services in China
Philips (China) Investment Co Ltd and Alibaba Group Holding Ltd signed an agreement that will see Alibaba provide Philips with a cloud computing service while it provides smart products to customers in China. The two companies also intend to cooperate on big data exchanges and analysis, so they can be better informed of useful data; including product needs, purchasing behaviors, user feedback, and development trends.
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