Tag archive for ‘Alibaba Group’
Niva Goldberg On Sunday, March 24th, 2019

Alibaba is acquiring the Israeli AR Software Startup InfinityAR

The Chinese e-commerce giant Alibaba is acquiring the Israeli augmented reality software startup InfinityAR, the two companies announced today. The financial details of the acquisition were not disclosed, but More...

sima On Monday, April 30th, 2018

Alibaba Founder Jack Ma visits Israel with 35 senior execs

  Alibaba Group founder and chairman Jack Ma has landed in Israel Monday accompanied by 35 senior executives from the Chinese giant. The visit began with a visit to the Dead Sea with Jack Ma reportedly floating More...

Niva Goldberg On Tuesday, February 2nd, 2016

Mysterious Israeli Startup Magic Leap Wraps Up Its Mega-Funding Round Valued At $4.5 billion

  Magic Leap Inc. the company that promises to blow your mind, is an oddity in the tech industry, even by Silicon Valley’s heady standards, said nasdaq.com On Tuesday, the startup confirmed More...

News Brief On Monday, September 7th, 2015

Uber CEO Kalanick confirms at least $1.2B funding for China growth

  Uber is raising $1.2 billion for its China business, CEO and founder Travis Kalanick said today. In an interview with China’s Sina Tech, Kalanick stated that the funding round is still not finalized, More...

Jewish Business News On Saturday, August 15th, 2015

Soros takes Time Warner Cable stake, adds to Facebook, sells Alibaba in Q2

Billionaire investor George Soros on friday took a new stake in Time Warner Cable (TWC), added shares of Facebook Inc. (FB) and unloaded most of his stake in Alibaba Group Holding (BABA) in the second quarter, More...

Kurt Tucholsky On Monday, May 18th, 2015

Daniel Loeb’s Third Point Exits $1 Billion Alibaba Stake

Hedge fund manager Daniel Loeb’s Third Point exited its entire stake in China’s e-commerce giant Alibaba. The New York-based hedge fund dissolved its shares — valued at $1 billion — after the More...

Vered Weiss On Wednesday, April 15th, 2015

Chinese Internet Giants Alibaba and Baidu Increase Investments in Israel

  Baidu and Alibaba, two of China’s largest internet companies are increasing their investments in Israel. Baidu is investing $5 million in Tonara, an Israeli startup that makes it easier for More...

Vered Weiss On Tuesday, April 14th, 2015

Office Depot and Staples Merger Has Small Hurdle Before FTC Approval

  Activist investor Jeffrey Smith of Starboard, which owns 4.5% of Staples and has increased its stake of Office Depot by 10% recently, is confident the merger proposal between the two companies will More...

Tzvi Ben-Gedalyahu On Tuesday, March 24th, 2015

Facebook and Alibaba Invest in Israel

Originally published by The Jewish Press Facebook and the Chinese giant Internet Alibaba have expressed confidence in Israel with hiring and investment announcements. Facebook, which already operates a development More...

Niva Goldberg On Monday, March 23rd, 2015

Alibaba Invests in JCP, Israeli Cyber-Focused Venture Fund

  It was reported today that Chinese Internet giant Alibaba will invest a sum of tens of millions of dollars in Israel venture capital firm JVP. Kobi Rozengarten, a managing partner with Jerusalem Venture More...

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