Skip to content
RetailNews Asia
Telecom

Alibaba invests in Israeli QR code firm

By Mei Ling Tan
1 min read
Alibaba invests in Israeli QR code firm
Alibaba invests in Israeli QR code firm

Alibaba said on Tuesday that it has made an unspecified investment in Israeli startup Visualead as the e-commerce giant seeks to leverage the latest QR code technology.

Visualead will use the capital from Alibaba to develop the next stage of “offline-to-online” technology.

The investment marks Alibaba Group’s first in an Israeli company as the Middle East country boasts prolific technology startups.

Weekly Briefing

Asia's retail intelligence, in your inbox

We respect your inbox as much as we value your time. That's why we only send carefully curated weekly updates, packed with the most relevant news, trends, and insights from the retail industry across Asia and beyond.

Protected by a quick human check. No spam, ever.