China: Alibaba buys Wandoujia to gain foothold in app distribution market

China: Alibaba buys Wandoujia to gain foothold in app distribution market

Jack Ma, Alibaba founder and chairman. Photo: REUTERS/Fabian Bimmer

China’s biggest e-commerce marketplace Alibaba Group Holding Ltd said on Tuesday that it will acquire Wandoujia, a major Android app store, for an undisclosed amount.

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