Tag Archive for Alibaba

| October 12, 2017
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Chinese e-commerce giant Alibaba to open R&D research lab in Israel

The Chinese e-commerce giant ALIBABA has chosen Tel Aviv to be home of one of seven R&D labs to be built around the world in their $15 billion global research program called DAMO.

By GLOBES

 

Chinese e-commerce giant Alibaba has announced that it is opening an R&D lab in Israel. Speaking at Alibaba’s Computing Conference in China, CTO Jeff Zhang unveiled a $15 billion global research program, which includes opening seven R&D labs worldwide over the next three years in Tel Aviv, Beijing, Hangzhou, San Mateo, Bellevue, Moscow, and Singapore. Zhang said that Alibaba is initially seeking to recruit 100 talented researchers from around the world. Continue Reading »

Category: Israel News | Tags: ,
| January 20, 2015
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China’s Alibaba Concludes Major Investment Deal With Israeli Start-up

Chinese e-mega-giant Alibaba invests into Israeli high-tech start-up, in latest economic collaboration with Asia.

By Arutz Sheva Staff

 

Chinese e-commerce giant Alibaba has made its first investment in an Israeli company by funding start-up Visualead, a provider of QR code technology, the companies said in a statement Tuesday.

Deal! – Thinkstock

QR, or quick response, codes are a type of barcode.

Alibaba and Visualead have also entered into a strategic cooperation agreement, the statement said, but gave no figure for the investment.

The deal will allow Alibaba to use Visualead’s technology across its platforms, it said. Visualead will use the funding to develop its next
generation of technology enabling offline to online business.

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Category: Israel News | Tags: , , , ,