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Satellite Navigation Systems

Alibaba Eyes Beidou SatNav System

Alibaba Group Holding Ltd is set to join with the country’s largest defense equipment manufacturer to promote the Beidou satellite navigation system for civilian use. Numerous reports on Monday said the cash-flush Alibaba Group has added to its latest investment spree by inking a deal with State-owned China North Industries Group Corp for a joint venture based on the Beidou ... Read More »