Bahrain
Kuwait
Oman
Middle East
GDN Online App available on
App Store / Play Store
Gulf Daily News Gulf Daily News
Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News Gulf Daily News
Thursday, January 24, 2019 ARCHIVES  |  SEARCH  |  POST ADS  |  ADVERTISE  |  SUBSCRIBE   |  LOGIN   |  CONTACT US

Alibaba buys German data analysis start-up

International Business
Wed, 09 Jan 2019
Reuters


BERLIN - Chinese e-commerce giant Alibaba Group Holding has acquired German data analysis start-up data Artisans for about 90 million euros ($103.1 million), German business daily Handelsblatt reported in its Wednesday edition.

"This is a strategic acquisition," founders of the Berlin-based company, Kostas Tzoumas and Stephen Ewen, were quoted as saying.

Alibaba this week announced it was deepening its partnership with data Artisans and collaborating to build up software to process large amounts of data. ($1 = 0.8728 euros) 

You Might Like