TechCrunch: Alibaba invests in PlaceIQ, a provider of location tools and data
The companies aren’t disclosing the size of the deal; they’ll only say that it’s a strategic, minority investment, and that it’s an addition to the $25 million round that PlaceIQ announced at the beginning of this year. Co-founder and CEO Duncan McCall told me this is part of a larger partnership, where Alibaba will be using PlaceIQ’s technology. […]
Wed, Oct 12, 2016 at 7:12 AM