Scalper1 News
Alibaba Group (BABA) is forging a much stronger connection to China’s fast-growing smartphone market. China’s largest online and mobile commerce services company late Sunday said it has to agreed to invest $590 million for a minority stake in Meizu, a leading smartphone manufacturer in China. As part of the deal, Alibaba will provide Meizu with help in boosting the company’s smartphone ecosystem in the areas of e-commerce, mobile Internet, mobile Scalper1 News
Scalper1 News