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Alibaba Invests in Israel Startup for QR Codes Technology

Chinese online giant Alibaba is investing an unspecified amount of money in Israel-based tech startup called Visualead.

Visualead's technology focuses on developments in Quick Response codes, also known as QR codes.

The Israeli company is has been working with 500-thousand small and medium enterprises to develop QR codes embedded with specific images in them.

The investment comes as Alibaba moves to try to make it easier for users to access to its mobile platforms.

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