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Nairaland Forum / Science/Technology / Phones / Alibaba Has Bought $580 Worth Of Minority Stake In Meizu (504 Views)
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Alibaba Has Bought $580 Worth Of Minority Stake In Meizu by TechAfrikico: 4:33pm On Feb 10, 2015 |
Meizu has been making waves lately with some of its bad-ass smartphone in the market. Some of which includes the MEIZU MX4 PRO, MEIZU M1 Note, MEIZU MX4 respectively. Fairly enough Meizu is gaining a major partner with Alibaba. Meizu today 9th February, 2014 announced that Alibaba Group Holdings Ltd. is will invest $590 million for a minority stake in the companies shares. Currently, the deal is Pending approvals and acceptance of closing conditions. Read More.. http://techafrikico.com/2015/02/09/alibaba-bought-580-worth-minority-stake-meizu/ |
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