Alibaba Cloud has signed a Memorandum of Understanding with CapitaLand Group to expand their collaboration, focusing on digital transformation in China. This agreement, announced on 17 July 2025, builds on their partnership established in 2019 and aims to integrate Alibaba Cloud’s advanced AI technologies, including the large language model Qwen, into CapitaLand’s operations.
The collaboration will see CapitaLand leveraging Alibaba Cloud’s infrastructure to enhance smart operations and customer experiences across its online and offline businesses. The integration of AI applications will enable CapitaLand to develop an insights-driven system for informed business decisions, precision marketing, and risk management. Additionally, Alibaba Cloud’s environmental, social, and governance (ESG) solutions will support CapitaLand in creating a low-carbon real estate ecosystem.
Puah Tze Shyang, CEO of CapitaLand Investment (China), expressed optimism about the partnership, stating, “We believe that through deeper cooperation with Alibaba will elevate our collaboration to a new level.” Jessie Zheng, Chief Strategy Officer of Alibaba Cloud Intelligence, added, “This renewed collaboration underscores our shared commitment to fostering innovation and building a seamless online and offline ecosystem.”
Since their initial collaboration in 2015, Alibaba Cloud and CapitaLand have achieved significant results, including reducing IT infrastructure costs by migrating CapitaLand’s systems to Alibaba Cloud. The enhanced partnership aims to further advance technological innovation in the real estate sector, leveraging the strengths of both organisations to foster development between digital and real economies.
“`