Alibaba to invest $100M in the Indian short video app and TikTok competitor Vmate, which is owned by its subsidiary UC Web and which has 30M users globally (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Alibaba to invest $100M in the Indian short video app and TikTok competitor Vmate, which is owned by its subsidiary UC Web and which has 30M users globally  —  Chinese tech giant Alibaba is doubling down on India's burgeoning video market, looking to fight back local rival ByteDance, Google …



from Techmeme http://bit.ly/2KcIvLK

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