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Alibaba acquires Israel-based startup InfinityAR, sources say for $10M+; in 2016, Alibaba invested $15M in the startup at an implied valuation of $80M (Yasmin Yablonko/Globes Online)

Yasmin Yablonko / Globes Online:
Alibaba acquires Israel-based startup InfinityAR, sources say for $10M+; in 2016, Alibaba invested $15M in the startup at an implied valuation of $80M  —  The Ramat Gan-based company's technology can turn any device into a content augmentation platform, using basic hardware.



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