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Alibaba to invest US$590m in China smartphone maker
Published Mon, Feb 9, 2015 · 09:50 PM
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Hong Kong
ALIBABA Group Holding has agreed to invest US$590 million in smartphone maker Meizu Technology Co, boosting the e-commerce company's push to get its mobile operating system on millions of handsets in China.
Asia's largest Internet company will hold a minority stake in Meizu and integrate the …
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