Tuesday, 10 February 2015

Biggest Online Retailer Alibaba is making its own Smartphones | China

Biggest Online Retailer Alibaba is making its own Smartphones | China
When it comes to Alibaba you can't expect anything ordinary. 

News is that, World biggest Online Retailer, yes bigger than "Amazon" and "ebay" combined, is making some very serious Strategic Investment with its huge pile of Cash for making of this own version of smartphones. Alibaba is buying some stakes in " Maizu " worth $590 Millions. 

According to a joint statement from both Meizu and Alibaba, it'll help the web giant spread its own mobile operating system (Aliyun) through Meizu's smartphones (keeping the customers coming the Alibaba's myriad services), while giving the phone maker better sales clout and visibility.

From Editor Desk

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