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Alibaba invests $10 million in Santa Monica game console maker Ouya
Alibaba invests $10 million in Santa Monica game console maker Ouya

Chinese internet giant Alibaba has invested $10 million in Santa Monica video game console maker Ouya, sources close to Ouya said. The injection of cash could help boost Ouya’s presence in Asia as it expands its platform business into markets such as China and India. Ouya founder and Chief Executive Julie Uhrman said the company does not comment on its investments, and Alibaba did not respond to requests for comment, but sources close to the matter said the two companies are in talks to incorporate Ouya’s software and library of more than 1,000 games into Alibaba’s set-top box. The partnership could be a boon for Ouya, which has struggled to gain footing in the U.S....

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