Alibaba's new bid for mobile dominance in China... By: CNBC.com News April 27, 2015 at 08:11 AM EDT Alibaba has partnered with China Telecom to sell budget smartphones in the country's rural areas, in a further bid to boost its reach in untapped areas. Read More >> Related Stocks: Alibaba Group Holding Ltd Amazon.com China Telecom Corp Ltd Google, Inc.