Alibaba and Norinco have set up a 2 billion yuan ($313 million) joint venture in Shanghai to provide high-accuracy location and data analysis services to customers, according to Norinco. Alibaba and Norinco will each hold a 50 percent stake in the company. "Location-based services are a cri...
Alibaba and Norinco have set up a 2 billion yuan ($313 million) joint venture in Shanghai to provide high-accuracy location and data analysis services to customers, according to Norinco. Alibaba and Norinco will each hold a 50 percent stake in the company. "Location-based services are a cri...