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Aggregated China Business Blogs
Alibaba Acquires Chinese Mobile App Analytics Service
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Alibaba's acquisition of Umeng, a Chinese mobile applications statistics and analytics company, has reportedly closed. Rumors in recent weeks said Alibaba would acquire this company for about USD80 million; however, Umeng did not reveal any financial details in its acquisition announcement, which might mean it sold for considerably less. After the acquisition, Umeng will apparently […]
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