"Doing business online is the bridge for American small businesses through this crisis and into the next decade," said John Caplan, Alibaba.com president of North America and Europe.
This will be done in preparetion to "Singles day" a Chinese holiday much akin to Black Friday
The Hong Kong listing deal was estimated at up to $20 billion, but is more likely, according to sources close to the deal, to raise between $10-$15 billion.
Currently the majority share-holder is Russian billionaire Mikhail Prokhorov.
Founded in 2013, InfinityAR is a provider of an operating system turning augmented reality glasses into a content augmentation platform.
Optibus plans to use the finance injection to drive future product innovation and expand into both new and existing markets.
"You should not read about Israel, you should come here, feel it and touch it."
In October, Alibaba announced plans to launch an Israeli research hub, as part of setting up a global “Academy” with seven R&D centers worldwide.
Deux géants du e-commerce veulent cueillir les fruits de la créativité israélienne