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Ouya nets $10 million from Chinese investor Alibaba

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E-commerce giant seeks software for its set-top boxes

Chinese e-commerce giant Alibaba has sunk $10 million into Ouya, WSJ reports.

According to sources familiar with the situation, Alibaba inked the deal last month with hopes of integrating the Ouya library on its set-top boxes.

Ouya struck a similar agreement with Xiaomi last year, signaling a shift away from the hardware space. The startup hasn't had much success at home since its $8.6 million Kickstarter campaign, given a rather tepid reception and competition with similar (better?) devices like Amazon's Fire TV.

Perhaps Ouya will fare better in its pursuit of the large, untapped Chinese market.

Alibaba breathes new life into game-console maker Ouya [The Wallstreet Journal]


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Kyle MacGregor Burleson
Kyle MacGregor BurlesonWeekend Editor   gamer profile

used to work Now I just hang around and make a more + disclosures


 



Filed under... #Android #china #Money #Ouya

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