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Kaios raises $50 million to buy 100 million feature phones with the same name

via:cnBeta.COM     time:2019/5/23 2:01:21     readed:230

The funds will enable KaiOS to raise a total of $72 million to purchase 100 million units shipped in 100 countries.Mobile phone. This also marks the beginning of KaiOS's creation of a local integration on the platform that is different from Google services. KaiOS did not disclose its valuation, but its CEO Sebastien Codeville confirmed that KaiOS's valuation is rising.

It turns out that the timing of KaiOS's announcement is very interesting. The big news in the mobile phone industry this week is that the US has bannedHuaweiHuawei will face serious impact on the regulations for conducting business in the United States. At the same time, Huawei is very serious about establishing its own operating system to replace Google's Android and related services.

Although all of the current focus is on smartphones, the capital and overall growth of KaiOS represents an interesting choice for the market, operators and consumers, and the KaiOS phone is known in the market as a "smart phone." Today, the company has listed Reliance Jio, Google, Facebook, Twitter, Orange, MTN and Qualcomm as its partners and has been developing an interesting, two-pronged strategy for customers in both developed and developing markets.


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