Ecommerce Sales via MVCOSHOP/Wikimedia
October 15, 2017 | Chinese e-commerce company Alibaba is opening an R&D center in Israel. CTO Jeff Zhang revealed at Alibaba’s Computing Conference in China that the company was opening seven R&D centers around the world over the next three years as part of a $15 billion global research program. The R&D labs will be located in Tel Aviv, Beijing, Hangzhou, San Mateo, Moscow, Bellevue, and Singapore. Zhang says Alibaba is looking to recruit 100 talented researchers worldwide in areas like data intelligence, the Internet of Things, fintech, and more. The Chinese firm has greatly expanded in the past year, and is now in direct competition with US e-commerce giant Amazon.
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