In addition to the main planning interface, there is one designed for CRM, called Bingo, as well as a “knowledge base” where businesses can keep extra documentation and other collateral. Alibaba’s last acquisition in enterprise was German big data startup Data Artisans for $103 million.Īs with others in the project management and collaboration space, Teambition provides users with mobile and desktop apps to interact with the service. Gobi also manages investments on behalf of Alibaba, and that might have been one route to how the two became acquainted. Teambition had raised about $17 million in funding since 2013, with investors including Tencent, Microsoft, IDG Capital and Gobi Ventures.

Alibaba has now confirmed the acquisition to TechCrunch but declined to provide any other details.

There were rumors of an acquisition circulating yesterday in Chinese media. TechCrunch has confirmed that the e-commerce and cloud services giant has acquired Teambition, a Microsoft and Tencent-backed platform for co-workers to plan and collaborate on projects, similar to Trello and Asana. Alibaba has made an acquisition as it continues to square up to the opportunity in enterprise services in China and beyond, akin to what its U.S.

Talk by teambition