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The Chinese Geely bought the producer of Meizu smartphones | Hi-Tech | Seldon News

June 15, 2022
Source: myseldon.com myseldon.com
News Snapshot:
The Chinese autoconcern Geely bought the producer of Meizu smartphones. Acquisition will allow Geely to strengthen own ecosystem and to introduce the technological software in released cars. About the transaction which sum does not reveal, newspaper "South China Morning Post" writes. The newspaper specifies that the transaction already passed through the Chinese antimonopoly regulator. Meizu passes under management Hubei Xingji Shidai Technology which was based by the head of Geely Li Eric. He took 79,09% of shares of Meizu at her founder Vaughan Jack and Taobao China Software which is division of Alibaba Group Holding Ltd. Analyst...
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China Tech Buzz Topics: acquisition | Alibaba | Antitrust | China | Chinese | ERIC | Founder | Geely | Hubei | management | media intelligence | Meizu | news | News Media | newspaper | online shopping | shares | social media | Software | South China Morning Post | Taobao | technology

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