Micromax has as invested in in a local analytics company, as per a latest report from The Economic Times. The report said that the homegrown smartphone maker is planning to invest in a Silicon Valley-based startup that operates in the online price comparison space.
Continue reading “Micromax acquires minority stake in analytics firm”
Alibaba has made a strategic investment of $590 million in Chinese smartphone maker Meizu. Alibaba seeks to integrate its mobile operating system YunOS with Meizu’s phones and hardware, while distributing the phones through the company’s online shopping platforms.
Continue reading “Alibaba invests $590 million in Chinese smartphone maker Meizu”
Yahoo is planning to invest in ephemeral messaging app Snapchat, according to a latest report from The Wall Street Journal. The investment will value Snapchat at $10 billion, said the report.
Continue reading “Yahoo looking forward to invest in Snapchat: Report”
