Alibaba invests in QR code startup

Alibaba announced that it has invested in Visualead, an Israeli startup, to gain latest technology in QR codes. The investment helped Visualead finish its Series B financing. Visualead is an Iraeli startup with business in over 200 countries. It aims at creating better interactions between users and brands, which eventually benefits the Read more…

Chinese patents: high volume, low quality

For a long time the Chinese government has been pushing for ‘indigenous innovation‘ and it has been (financially) supporting companies that were filing patents. While China has made a huge scientific and technological progress and definitely is innovating, the quality of Chinese patents is still poor according to a report handed to the Standing Read more…

Philips and Alibaba going to cooperate

On May 29th Philips China and Alibaba Group signed an memorandum of understanding. According to the agreement Alibaba has the intention to provide Philips with cloud computing services that Philips can use in China to supply its customers with intelligent products or solutions. The companies are going to cooperate on data storage needs Read more…