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Comment on Alibaba Leads $280 Million Series D Funding in U.S. Messaging and Free-calling App Tango by China’s Alibaba bets $280 million on chat app TangoBig Online News | Big Online News
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Comments for TechNode
Chinese e-commerce giant Alibaba invested $215 million in Series D funding of U.S. mobile messaging app Tango.
It also supports social music sharing through integration with Spotify, which means members can now send each other songs.
It now claims 200 million registered users and 70 million active users, mainly from North America, the Middle East, Taiwan and Singapore.
Alibaba takes Laiwang as a breakthrough point for wireless business and launched promotion activities for the app both internally and externally last year.
Tango has previously secured around $87 million of funding from Access Industries, DFJ, Qualcomm Ventures, Toms Capital, Translink Capital and individual investors like Bill Tai, Shimon Weintraub, Jerry Yang and Alex Zubillaga.
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