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Published
Jan 9, 2019
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Alibaba buys German data analysis start-up

By
Reuters API
Published
Jan 9, 2019

Chinese e-commerce giant Alibaba Group Holding has acquired German data analysis start-up data Artisans for about 90 million euros (80.92 million pounds), German business daily Handelsblatt reported in its Wednesday edition.




"This is a strategic acquisition," founders of the Berlin-based company, Kostas Tzoumas and Stephen Ewen, were quoted as saying.

Alibaba this week announced it was deepening its partnership with data Artisans and collaborating to build up a software to process large amounts of data.

 

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