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Alibaba Invests $120M In Kabam At A Valuation Above $1B

Published by Techcrunch on Fri, 01 Aug 2014


Chinese conglomerate Alibaba is making another big investment in an American startup. The Wall Street Journal reports that the company is investing $120 million in mobile game developer Kabam, best known for games like Dragons of Atlantis and for buying the naming rights to UC Berkeleys Memorial Stadium. Read More
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