China Harmony Auto Holding (03836.HK) will work jointly with Alibaba (BABA.NYSE) on Internet plus car sales and service in the future, according to a strategic cooperative agreement signed by the two parties on Tuesday.
China Harmony Auto is the largest high-end car dealer in China, boasting over 100 outlets nationwide. Previously in March, it has already declared cooperation with Tencent (00700.HK) and Foxconn (02038.HK) on Internet plus smart electric car field.
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