Home > News content

Red Star Mercury: Signing a Strategic Cooperation Agreement with Alibaba

via:CnBeta     time:2019/5/27 10:33:45     readed:117

The announcement shows that the two sides will jointly set up the Business Coordination Committee. The Business Coordination Committee will discuss, coordinate and negotiate matters related to business cooperation under this Agreement or other matters that may have a significant impact on business cooperation under this Agreement. However, the final decision on such matters is still made by the company and Ali (including exercising the corresponding shareholder rights or prompting the relevant directors to exercise directors'rights), and the Business Coordination Committee has no decision or veto power over any matters discussed, coordinated and negotiated.

Talking about the cooperation with Ali, Red Star McLaren said that through the strategic cooperation with Ali, the company can introduce Ali's advanced management concept and technical support in the new retail field into the company's main business of furniture, building materials and home shopping malls, improve operating efficiency, and further promote the online and offline business integration of the industry.



China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments

Related news