July 28, 2011 / 6:18 AM / in 6 years

Alibaba launches smartphone running its Cloud OS

BEIJING (Reuters) - Alibaba Group launched its self-developed mobile operating system and a smartphone on Thursday in a bid to capture a slice of China’s rapidly growing mobile Internet market.

The smartphone, K-Touch Cloud Smartphone, will be launched in July and will use Alibaba’s Cloud operating system, it said in a statement.

Alibaba Group, which is 60 percent owned by Yahoo Inc, operates China’s largest B2B online marketplace, Alibaba.com and China’s largest online consumer shopping site, Taobao.

Reporting by Terril Yue Jones; Writing by Melanie Lee; Editing by Jacqueline Wong

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