America Movil makes strategic investment in Israel's Mobli
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Mobli, a mobile photo and video sharing platform, said Latin America's biggest phone company America Movil has made a strategic investment in the company as part of a $60 million funding round.
Mobli did not disclose the amount of America Movil's investment. But it said it reached a collaboration arrangement to introduce Mobli's products to America Movil's mobile users. (Reuters)
