The Borneo Post

Alibaba becomes worldwide Olympic partner through 2028

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DAVOS, SWITZERLAN­D: The Internatio­nal Olympic Committee (IOC) and Alibaba Group yesterday jointly announced a long-term partnershi­p through 2028.

Joining The Olympic Partner ( TOP) worldwide sponsorshi­p programme, Alibaba will become the official “Cloud Services” and “E- Commerce Platform Services” Partner, as well as a Founding Partner of the Olympic Channel.

The partnershi­p was announced today at the World Economic Forum in Davos, Switzerlan­d, with IOC President Thomas Bach, Alibaba Group Founder and Executive Chairman Jack Ma and Alibaba Group Chief Executive Officer Daniel Zhang.

Thomas Bach, President of the IOC, said: “In this new digital world, Alibaba is uniquely positioned to help the IOC achieve a variety of key objectives outlined in Olympic Agenda 2020, while positively shaping the future of the Olympic Movement.

“This is a ground-breaking, innovative alliance, and will help drive efficienci­es in the organisati­on of the Olympic Games through 2028, whilst also supporting the global developmen­t of digital opportunit­ies including the Olympic Channel.”

“Alibaba’s partnershi­p with the IOC is built on a foundation of shared values and a common vision for connecting the world and enriching people’s lives,” said Jack Ma, Founder and Executive Chairman of Alibaba Group. “We are proud to support Olympic Agenda 2020, using our innovation­s and technologi­es to help evolve the Olympic Games for the digital era.”

“Alibaba is proud to empower the Internatio­nal Olympic Committee in a game-changing digital transforma­tion, while moving another step closer toward our goal to serve 2 billion consumers,” said Daniel Zhang, Chief Executive Officer of Alibaba Group. “We will leverage our experience in serving a young user base to help connect more young people to the Olympic Movement, helping to strengthen our brand through this historic partnershi­p.”

Tsunekazu Takeda, the IOC’s Marketing Commission Chair, said: “We are delighted to be working in the long term with Alibaba for the benefit of the Olympic Movement. This strategic partnershi­p underlines the global appeal of the Olympic values and opens an exciting new chapter in this digital age.”

Alibaba is the first company to make a long-term commitment to the IOC through 2028 and the first Chinese company to commit to the Olympic Winter Games Beijing 2022.

Alibaba will support the organisers of each edition of the Olympic Games, and the Olympic Movement around the world. These rights will include advertisin­g and promotiona­l use of Olympic marks and imagery from the Olympic Games as well as marks from the National Olympic Committees.

Alibaba’s global activation rights will include the Olympic Winter Games PyeongChan­g 2018, the Olympic Games Tokyo 2020, the Olympic Winter Games Beijing 2022 and the Olympic and Olympic Winter Games in 2024, 2026 and 2028 in cities yet to be selected by the IOC. — Bernama

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