Monday, February 9, 2015

Alibaba invests US$590M in Chinese smartphone maker Meizu

The investment will see Alibaba’s mobile operating system YunOS being pre-loaded onto Meizu devices, as well as giving Meizu access to Alibaba’s e-commerce facilities Chinese e-commerce giant Alibaba began the week with one heck of an announcement, stating in an official release that it had just forked over US$590 million for a*stake in Chinese smartphone...

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