Home Alibaba invests USD 590 mln in Meizu
 

Keywords :   


Alibaba invests USD 590 mln in Meizu

2015-02-09 08:39:00| Telecompaper Headlines

(Telecompaper) Alibaba Group has taken a USD 590 million minority stake in Chinese smartphone manufacturer Meizu. Alibaba and Meizu said they will cooperate at both strategic and business levels to achieve a deeper integration of Meizu's hardware and Alibaba Group's mobile operating system YunOS. Alibaba will provide Meizu with resources and support in e-commerce, the mobile internet, mobile operating systems and data analysis, with the aim of developing Meizu's smartphone ecosystem. Alibaba Group's online shopping marketplaces will also become distribution channels for Meizu's smartphones and other devices.

Tags: usd alibaba mln invests

Category:Telecommunications

Latest from this category

All news

»
24.11
24.113DSLL
24.11
24.11
24.11
24.11logicool flight switch panel
24.11Z
24.11 126
More »