The Chinese e-commerce giant Alibaba invests in Meizu
Alibaba announced today that it has invested the amount of 520 million euros in the Asian firm Meizu phone. Chinese ecommerce giant announced that it is a tiny amount, so that participation in the company will be very small. Still, thanks to this investment, Alibaba have some power over Meizu for devices of the firm to grow their services, including YunOS, the Android-based operating system is included. Meanwhile, for Meizu will be a great opportunity to improve your sales. Needless to say, Alibaba turns to gold everything he touches. The company processes 80% of online sales in China and
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