It looks like Google is opening itself to opportunities in mainland China. Bloomberg reports that the search engine giant has made an investment in a Chinese startup, its first direct one since quitting the country over censorship policies.
Google led the funding round for Mobvoi Inc, whose primary product is a Chinese-language voice-activated search engine. It is to note that Mobvoi has been integral in allowing Google to debut its Moto 360 smartwatch in China back in June by using the startup’s product instead of its own.
TechCrunch said that the funding round is Series C for Mobvoi. Although the startup refused to disclose the amount Google invested, co-founder Yuanyuan Li disclosed that it has made the search engine giant a minority shareholder. Mobvoi also said that it will be using the funds to hire new talent all over the world to refine its software services.
“We value this partnership a lot, and respect Google as an investor, [but it is] still a minority investor and we will focus on what we believe in and in our products. We’re not changing what we’ve planned, but there are definitely more opportunities [that will open up],” Li added.


FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 



