Alibaba Reportedly Acquired Mobile Music Player TTPOD, Betting on Mobile Music Sector to Take on WeChat

Screenshot of TTPOD

Alibaba reportedly pushed through the acquisition for a second mobile music company TTPOD after acquiring music service Xiami in April this year (report in Chinese).

Founded in May 2008, TTPOD has received millions of dollars of Series A in 2011 and secured strategic investment from Alibaba in October 2012. TTPOD registered north of 200 million users by this June, according to data from Xiami.

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