Alibaba Leads $793.5M Funding Round In Magic Leap

Alibaba Group Holdings Ltd. has led a US$793.5 million new funding round in U.S. augmented reality (AR) start-up Magic Leap, Inc., the company said in a statement yesterday. Google Inc., Qualcomm Ventures, Legendary Entertainment, KKR, Vulcan Capital, Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Obvious Ventures also participated in the round. Other investors include Warner […]

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Read the original article: China Money Network