Alibaba moves to tap mobile security sector

0 Comment(s)Print E-mail Xinhua, October 22, 2014
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China's e-commerce superstar Alibaba Group has waded into the mobile security sector, unveiling a security application and a mobile security platform Wednesday.

The app, Ali Money Shield, serves to protect the safety of online transactions for mobile shoppers by safeguarding accounts and text messages, and filtering out fishing websites. The security platform, Ali Ju'anquan, aims to track unwanted codes and scan vulnerability for app developers.

The move marks Alibaba's latest attempt to further tap the mobile Internet market.

On Wednesday, the Internet giant joined hands with Meizu, a homegrown smartphone brand, to build a "new mobile Internet industry chain," with Meizu's latest smartphone model MX4 adopting Alibaba's operating system YunOS.

At a developer's forum last week, the company announced that it has partnered with U.S.-based search engine Quixey to power app searches for the YunOS system.

Alibaba's initial public offering (IPO) on the New York Stock Exchange last month raised 21.8 billion dollars, making the largest ever IPO in U.S. history.

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