Tag Archives: alibaba

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

Alibaba Beats Amazon with Drone Supply Check

Alibaba is testing drones to ship ginger tea ordered from its Taobao e-commerce web site, the corporate confirmed on Wednesday, because it steps up efforts to compete with American rival Amazon. The Chinese language web group has teamed up with supply firm Shanghai YTO Categorical