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Ford: to explore strategic collaboration with Alibaba.

(CercleFinance.com) - Ford Motor has signed a "letter of intent" to explore a strategic collaboration with Chinese ecommerce giant Alibaba in cloud computing and digital marketing, the US carmaker said on Thursday.

Under the three-year agreement, the companies will jointly explore areas of cooperation to re-shapine the automotive industry in China and expand mobility services.

Ford plans to cooperate with Alibaba's four business units in several areas, such as connectivity and artificial intelligence.

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