<article>Chinese e-commerce giant Alibaba Group has acquired Berlin-based data Artisans for $103.3 million (€90 million), according to European media reports.</article>

Chinese e-commerce giant Alibaba Group has acquired Berlin-based data Artisans for $103.3 million (€90 million), according to European media reports.
Founded in 2014, data Artisan provides services that deploy large-scale data processing solutions for enterprises. Their solution manages and deploys this data in real-time for better and faster decisions. data Artisans was started by the creators of Apache Fink, an open source stream processing technology. According to data Artisans&#8217; website, its clientele includes Uber, Lyft, Alibaba, eBay, Comcast, Huawei and King.
data Artisans previously raised two rounds of funding in 2014 and 2016 totalling to $7.5 million (€6.5 million). Its previous investors include btov Partners, Tengelmann Ventures and Intel Capital.
Alibaba&#8217;s recent acquisitions tend to be in e-commerce in emerging markets.
In June, Alibaba acquired Istanbul-based Trendyol Group, the largest mobile commerce company in the MENA region for $728 million. In May, it also acquired Daraz.pk, a Rocket Internet-backed e-commerce platform from Pakistan.
DEALSTREETASIA has reached out to Alibaba for comment.

Chinese e-commerce giant Alibaba Group has acquired Berlin-based data Artisans for $103.3 million (€90 million), according to European media reports. 

Alibaba acquires Berlin-based data Artisans for $103m: Report

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Alibaba acquires Berlin-based data Artisans for $103m: Report

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