Remark Media, Alibaba Cloud Team Up

Remark Media, an owner of digital media properties, said Monday that it has partnered with Alibaba (BABA) Cloud to provide customers with a new business-to-business data solution.

Under the deal, the company will power Alibaba Cloud’s Enterprise Data Services platform, which will include data on millions of businesses in China, providing risk insights; enterprise development analysis; investor, partner and customer targeting; and customized data packages, among others. MARK shares were 1.5% higher in recent morning trade, while BABA shares were 1.3% higher.

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