(Yicai Global) Jan. 29 -- Software company Yonyou Network Technology Co. held its first partnership meeting in Beijing on Jan. 27, and phone maker Huawei Technologies Co. and Chinese internet behemoth Baidu Inc. attended, Guangming Online reported.
Yonyou Network and Huawei agreed to upgrade the Beijing-based developer's cloud services. Baidu and Yonyou Network agreed to cooperate in the fields of cloud computing, Big Data and artificial intelligence.
Yonyou Cloud and Baidu Cloud will share resources and technologies to promote applications of their cloud services.
Yonyou Network released Yonyou Cloud last year. It will work with Huawei to upgrade its system and introduce cloud-based marketing, tax and coordination serviced based on Huawei's technology.
Yonyou Network set a target to have 3,000 groups using Youyou Cloud this year, and it aims to have 5,000 products and services on the platform. The company will establish a partnership development fund with CNY600 million (USD95 million) to support its partners.
Founded in 1998, Yonyou offers software services in the fields of marketing, accounting and financing. It has provided services to more than 2 million customers, per data on its website.