Retail in Asia

In Trends

Alibaba hikes spending on Aliyun OS to boost mobile commerce

China’s Alibaba Group will invest USD200 million to further develop its Aliyun mobile phone operating system to keep up with rivals in the mobile internet sector.

The e-commerce firm launched its Aliyun OS in June last year and the investment signals the group’s long-term strategy to focus on the wireless and mobile-related business.

(Source: Shanghai Daily)