Alibaba Group

A Chinese ecommerce group Alibaba Group is developing a mobile operating system which will be launched in the third quarter, reports the Wall Street Journal.

The mobile operating system, to be developed by Alibaba's cloud computing unit, will also provide mobile applications, the paper said quoting an unnamed source close to the matter.

Baidu, Chinese top search engine, is also developing its own mobile operating system based on Google’s Android platform, according to recent reports in the local media sources
 

On Thursday Alibaba Group said that it has reorganized its ecommerce business Taobao, largest ecommerce website in China. The business has been split into three separate services.

In Q1 of the year Taobao shared 70% of all online sales in China and it has been valued by Goldman Sachs at about $7 billion.

Effective from Thursday the decision splits the company into three services: search engine eTao, business-to-consumer website Taobao Mall and consumer-to-consumer website Taobao.com.

Last week in light of the outrageous incident when hackers attacked Gmail accounts Yahoo expressed its view on the kind of violations: “We condemn any attempts to infiltrate company networks to obtain user information. We stand aligned with Google that these kinds of attacks are deeply disturbing and strongly believe that the violation of user privacy is something that we as Internet pioneers must all oppose.”