500 Million … big deal, that's not gonna move BABA's worthless crashing stock one bit.
This Meizu news isn't going to move BABA stock price, which is in the toilet as of now. Looks like Meizu news hit flat, what a Dog $ Pony Company BABA is becoming these days.
Alibaba's PR department is working overtime on all these cheap "stunts" (like the drone news last week), in order to keep the public, and investors minds off the fact that Alibaba is nothing more than a criminal organization, selling counterfeit products by the BILLIONS to masses in China and India.
In 10 years this criminal organization called Alibaba won't even be around anymore, with out continuing to sell billions and billions of $$$$ of counterfeit goods.
ONEPLUSONE with Oxygen , Xiaomi with MiUi and now MEIZU with YUNOS looks like proprietory will be the order of the days to come.