Alibaba Group Holding Ltd. has led a US$18 million financing round in Israeli augmented reality (AR) company Infinity AR, taking a 22% stake in the company. Alibaba injected US$15 million, while the remaining came from existing investor Japan's Sun Corporation. Infinity AR's founder Moshe Hogeg and his Singulariteam Fund retain a minority stake of the […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.