Sunday, September 23, 2012

Alibaba spins out Aliyun team with $200 million investment, pep talk

Alibaba spins out Aliyun team with $200 million investment, pep talk

You can imagine that the team building Alibaba's Aliyun mobile OS must have hurt feelings following Google's accusations that Aliyun is just a corruption of Android. Alibaba chief Jack Ma is keen to restore some of that wounded pride, at least on the surface. The CEO has used a since-confirmed staff memo to spin out Aliyun as a separate entity that will ". It's not solely an instance of tough love, either: Alibaba is putting $200 million into the new firm and will use executive Wang Jian as a link between the two sides, having him serve as the CTO for both companies. With that in mind, Ma's ultimate intentions aren't clear.

Engadget , Alibaba spins out Aliyun team with $200 million investment, pep talk, Alibaba spins out Aliyun team with $200 million investment, pep talk

No comments:

Post a Comment