As much as we are helping them, they are helping us.” “For them, Israel is a great source of technology to help them develop their economy, while for us, it’s a fantastic opportunity to gain entry into the biggest market in the world. “China over the past two years has become the number one investor in Israel,” said Cukierman. Investment House and a managing partner of the Catalyst Investment Funds. That two of China’s biggest companies are becoming serial investors in Israel is not surprising, according to Edouard Cukierman, chairman of Cukierman & Co. “We believe that Visualead’s leading Visual QR Code technology will complement our mobile marketing initiatives and enhance our ability to take advantage of the booming opportunities in China.”
“Working with Visualead, a dynamic startup and first-mover in this field is the next logical step as we seek to enhance customer engagement on mobile platforms,” said Zhang Kuo, director of Alibaba Group’s Mashangtao technology service. It’s not clear if Baidu’s experience was the inspiration, but in January, another Chinese giant – online merchant Alibaba – made its first investment in Israel as well, in Tel Aviv-based Visualead, which develops “designer” QR (Quick Response) codes.
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