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Alibaba To Pay Five Phone Makers For Its OS To Be Adopted

5:37 pm on Apr 16, 2013 (gmt 0)

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Alibaba Group Holding Ltd. is working with five Chinese handset makers to use its operating system as the nationís biggest e-commerce company competes with Google (GOOG) Inc. and Tencent Holdings Ltd. (700) for mobile device users.

The company, based in Hangzhou, will pay the handset makers a fee of 1 yuan (16 cents) a month for every phone they sell with the Alibaba Mobile Operating System, or AMOS, as long as the owner continues using the software, according to Alizila website, operated by Alibaba. It also will encourage developers to create apps for AMOS through a 1 billion-yuan fund using revenue sharing and other incentives. Alibaba To Pay Five Phone Makers For Its OS To Be Adopted [bloomberg.com]

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