Alibaba funds Twiggle

It sounds like something out of “Arabian Nights” but in reality China’s on-line retail giant Alibaba is investing in Israeli startup Twiggle, which is developing next generation e-commerce search technologies.  The funds will grow the company’s R&D team in Israel and drive global expansion plans.

http://www.globes.co.il/en/article-alibaba-invests-in-israeli-e-commerce-search-co-twiggle-1001128698

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