Alibaba places China smartphone business bet with $590m Meizu deal

Updated: 2015-02-09 14:11

(Agencies)

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Alibaba places China smartphone business bet with $590m Meizu deal

A model shows a Xiaomi Mi3 smart phone at a press conference in Taipei, Southeast China's Taiwan, Feb 20, 2014. [Photo/Xinhua]

No 3 Xiaomi

Fast-growing Chinese smart phone maker Xiaomi, one of the most successful start-ups in China in recent years, has previously said that it will sell its flagship Mi3 smart phone to the Singapore market at S$419 ($332). Xiaomi has so far been selling its products in China, including Hong Kong, Macao and Taiwan.

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