February 10, 2015
Chinese giant Alibaba made its first investment in an Israeli company in January when it bought Tel Aviv based Visualead for an undisclosed amount.
Chinese giant Alibaba made its first investment in an Israeli company in January when it infused a reported $5 million in Tel Aviv based Visualead.

 

Alibaba, Rakuten, Ping An, Baidu, Samsung — these are just some of the Asian companies investing in Israeli innovation, already kicking in more than $1 billion in funding and acquisitions this year.

Venture capitalists, entrepreneurs and business development experts all agree that 2015 will prove a bumper year for Israel in terms of investment, acquisitions and seed money from Asia.

Ori Bendori, a veteran senior executive in the Israeli high-tech industry and general partner at Carmel Ventures; Ryan Dritz, director of business development at The Asian Institute; and Michal Chetrit, managing director of the Israel-Asia Chamber of Commerce, tell ISRAEL21c’s Viva Press why Israel-Asia collaboration is only going to grow.

To listen to the program, click on the link above.

To listen to other ISRAEL21c shows on TLV1, click here.

 

ISRAEL21c in collaboration with TLV1.
ISRAEL21c in collaboration with TLV1.