March 23, 2015 | Online shopping giant Alibaba will invest tens of millions of dollars in Israeli startup companies through Israeli venture capital firm JVP, according to a Calcalist report. Earlier this year, Alibaba reportedly invested roughly $7 million in Israeli startup company Visualead, which develops QR scanning technologies. JVP (Jerusalem Venture Partners) was founded in Israel in 1993 by entrepreneur-turned-politician Erel Margalit.
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