Google invests in VC-backed Chinese start-up Mobvoi
Google has agreed to buy a significant minority stake in Mobvoi, a Chinese voice-activated mobile search services provider, as part of a $75 million Series C round of funding.
This is the first direct investment made by Google in a Chinese business after the US player abandoned its domestic search engine service in China in 2010 over censorship concerns. Mobvoi's management...