ALIBABA GROUP AND MARRIOTT INTERNATIONAL ANNOUNCE INNOVATIVE JOINT VENTURE TO REDEFINE TRAVEL EXPERIENCE
Joint Venture to Create Seamless, Insight-based Travel Services, With Alibaba Serving as Gateway to More than Half a Billion Chinese Consumers Chinese Outbound Travel Set to Boom with 700 Million Trips Estimated for the Next Five Years as Consumers Seek New, Elevated Travel Experiences SHANGHAI – August 7, 2017 – Alibaba Group Holding Ltd. (“Alibaba”) (NYSE: …