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Name | Symbol | Market | Type |
---|---|---|---|
Alibaba Group Holding Limited | NYSE:BABA | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.88 | 2.65% | 72.555 | 72.80 | 70.99 | 71.08 | 10,935,063 | 18:10:28 |
By Max Bernhard
German business-software vendor SAP SE (SAP.XE) and Chinese internet giant Alibaba Group Holding Ltd. (BABA) plan to expand their partnership in online platform services, the two companies said Wednesday.
The companies plan to offer SAP's online business-process-management software SAP S/4HANA and SAP Cloud Platform to customers of Alibaba's cloud-computing business in China.
Under the terms of the agreement, SAP will continue to use Alibaba Cloud technology and Alibaba will use SAP S/4HANA in return.
Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard
(END) Dow Jones Newswires
September 19, 2018 04:59 ET (08:59 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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