Tag Archives: 590

Alibaba Invests $590 Million In Chinese language Smartphone Maker Meizu

Alibaba is stumping up greater than half a billion dollars to kick its lacklustre cell phone enterprise into gear. The NYSE-listed e-commerce big at the moment introduced a $590 million funding in Chinese language telephone-maker Meizu. The deal grants Alibaba an undisclosed “minority” share within the Guangdong-based