Andres Zubillaga

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Why did Alibaba invest $215 million in Tango when no one in China uses Tango?

In yet another boon to the mobile messaging race, Chinese ecommerce giant Alibaba has led a $280 million investment round in the Mountain View-based …

Alibaba Leads $280 Million Series D Funding in U.S. Messaging and Free-calling App Tango

Chinese e-commerce giant Alibaba invested $215 million in Series D funding of U.S. mobile messaging app Tango. The total amount of this round reached …

Tango, A Messaging App With 200 Million Users, Has Raised A Quarter-Of-A-Billion Dollars From Alibaba

Alibaba contributed $215 million and holds a minority stake in the company. Existing Tango investors put in the remaining $65 million.<p>Tango is a free messaging service like WhatsApp and Viber, companies that were recently acquired for billions of dollars. In addition to letting users send free …

Alibaba Sinks $215 Million Into Messaging App Tango, Valuing It At More Than $1 Billion

China’s Alibaba is the latest Internet giant to make a bet on the messaging space, and it’s a big one. The company is spending $215 million for a minority stake in the messaging and free-calling app Tango, the startup revealed today.<p>The investment is part of a $280 million funding round that …

Alibaba invests big in Tango messaging app

Chinese e-commerce giant Alibaba is backing mobile messaging app-maker Tango with big money.<p>It has invested the equivalent of 156 million euros in Tango.<p>It was part of 203 million euro new funding round. The rest came from Tango’s prior investors, who include privately held industrial group Access …

Alibaba leads $280M investment in messaging service Tango

The next episode of messaging services' hot streak, app Tango gets a $280 million investment led by Chinese e-commerce giant Alibaba and surpasses its 200 millionth registered user.<p>Following Facebook's $19 billion deal to acquire messaging service WhatsApp, rival messaging app Tango announced a …

Messaging App Tango Raises $280 Million

Tango is the latest messaging app to attract big dollars, with Alibaba Group leading a fundraising round of $280 million. The Mountain View, …