Office Depot (ODP) has partnered up with the Chinese e-commerce company Alibaba Group to target small and medium-size businesses using the two companies’ e-commerce platforms. Alibaba will offer Office Depot products through its website while Office Depot will gain a global network of over 150,000 suppliers to market its products to .

Through the venture, Alibaba will have access to 10 million Office Depot customers, in addition to 1,800 sales agents. Alibaba will also be able to utilize Office Depot’s fleet of 1,000 private trucks and 9 million square feet of distribution while giving Office Depot access to its global logistics capabilities.

The companies said the deal will shorten delivery times for both companies while allowing Office Depot suppliers to sell globally.

“As a trusted partner to millions of businesses, our customers tell us they want more choice in the market and need an expanded set of products and services to help their businesses grow. We believe our collaboration with Alibaba.com is exactly what they are asking for,” Gerry Smith, CEO of Office Depot said.

The partnership marks the first time that Alibaba has joined forces with a U.S. company for business-to-business sales. The move is designed to also boost Office Depot sales as it competes against Amazon, focusing more of its attention on business services rather than office supplies, Yahoo Finance reported.

Office Depot saw its business-to-business sales increase in 2018 while its retail sales lagged over the last two years.

Shares of Office Depot stock were down 1.6854 percent as of 3:26 p.m. ET on Monday.

Office Depot Alibaba
Office Depot has partnered up with Alibaba to sell business-to-business products and services. A customer walks out of an Office Depot store on February 19, 2013 in San Francisco, California. Shares for Office Max and Office Depot surged today after it was reported that the two office product retailers were in advanced merger talks and a deal could be struck as early as this week. Getty Images/Justin Sullivan