1. LINE

      Text:AAAPrint
      Economy

      Alibaba acquires Chinese Android app store Wandoujia

      1
      2016-07-05 15:43chinadaily.com.cn Editor: Feng Shuang

      Chinese e-commerce conglomerate Alibaba Group Holding Ltd said on Tuesday that it will buy the Beijing-based Wandoujia, a major Android app store.

      Wandoujia will be incorporated into Alibaba's mobile business unit, Alibaba said in the statement without revealing details of the deal.

      The deal, which is reportedly worth $200 million, will help Alibaba gain a better foothold in mobile app distribution.

      Wandoujia was valued at $1 billion when it secured a round of financing led by SoftBank in 2014. Later in 2014, Alibaba reportedly offered $1.5 billion yuan to buy up the app store but was rejected.

      The Android app store, which was founded at the end of 2009, has since suffered from internal strife and increasing competition as more and more smartphone makers, such as Huawei and Xiaomi, have set up their own app stores.

      Statistics from the Beijing-based Analysys International showed that Wandoujia ranked fifth among app stores accounting for 5.7 percent of the app distribution market in the first quarter.

      Baidu Inc, the dominant player in app distribution, took 27.5 percent of the market share. In 2013, Baidu spent as much as $1.9 billion to take over app store 91 Wireless as the Chinese online search engine tried to navigate the shift from desktop computing to mobile internet.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 中文字幕无线码免费人妻| 亚洲中文字幕久久精品无码A| 特级毛片A级毛片100免费播放| 99久久免费国产香蕉麻豆| 亚洲国产综合精品中文第一区| 免费人成激情视频在线观看冫| 亚洲色婷婷综合久久| 久久不见久久见免费影院www日本| 亚洲国产精品自产在线播放| 高潮毛片无遮挡高清免费视频| 四虎影视精品永久免费网站| 99久久99久久免费精品小说 | 99久久免费国产精精品| 亚洲第一永久AV网站久久精品男人的天堂AV | 一级毛片在线完整免费观看| 又大又黄又粗又爽的免费视频| 边摸边吃奶边做爽免费视频网站| 亚洲国产成人精品女人久久久 | 美女被免费视频网站a| 国产一区二区三区免费视频| 一级毛片在线播放免费| 亚洲国产成人片在线观看无码 | 青青操免费在线视频| 久久亚洲精品国产精品黑人| 亚洲日韩精品无码专区加勒比 | a毛片免费在线观看| 久久精品夜色国产亚洲av| 91免费国产自产地址入| 亚洲性无码一区二区三区| 国产一区二区免费在线| 东北美女野外bbwbbw免费| 亚洲黄色在线网站| 免费无码黄网站在线观看| 一级毛片高清免费播放| 亚洲高清美女一区二区三区| 成人免费视频一区| 一个人免费观看www视频| 亚洲视频免费在线播放| 国产hs免费高清在线观看| 中文字幕a∨在线乱码免费看 | 国产大陆亚洲精品国产|