Alibaba Group reportedly plans to acquire the Chinese mobile music player startup TTPod to enhance its exposure in the mobile sector. Though Alibaba has not yet published any official announcement of this purchase, a representative from its own music business division revealed to local media that the deal was almost closed. TTPod was founded in […]

Alibaba Group announced that they have acquired the Chinese cloud storage software provider Kanbox to enter the personal wireless cloud storage sector. With the acquisition, Gu Zhicheng, chief executive officer of Kanbox, and the Kanbox team will all join Alibaba Group. Gu will still be responsible for ongoing businesses at Kanbox. Alibaba did not reveal […]