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Alibaba takes over Chinese Trello competitor Teambition

Alibaba takes over Chinese Trello competitor Teambition

Alibaba has taken over the Chinese company Teambition, reports TechCrunch. Teambition is a platform supported by Microsoft and Tencent with which colleagues can work together on projects. The platform is therefore comparable to Trello and Asana. Alibaba did not provide any further details on the takeover.

Teambition has raised approximately $17 million in investments since 2013, including from Tencent, Microsoft, IDG Capital and Gobi Ventures. Gobi also manages investments on behalf of Alibaba, which may have been one way in which the two companies came into contact.

Teambition offers mobile and desktop apps to work with the service, as well as other project management and collaboration apps. There is both a general plan interface and a CRM variant called Bingo. There is also a “knowledge base” where companies can put additional documentation and other information.

The company has several Chinese companies and large companies with branches in China as customers. These include Huawei, Xiaomi, TCL and McDonald’s. As said, Alibaba has not given any further details, but it seems that there are two options for the future of Teambition. It may be that the company will be integrated into Alibaba, but it is also possible that it will remain a standalone product, as it is now.


The acquisition is another sign of how Alibaba is slowly trying to build an enterprise powerhouse, while continuing to fight to maintain its leading position in the Chinese market and gain a stronger position in the wider Asian region and beyond.

The company acquired Data Artisans at the beginning of this year for 90 million euros. Data Artisans is a Berlin startup offering distributed systems and data streaming services for enterprises. Alibaba has been working with Data Artisans since 2016. Together, the two companies can reach “new horizons” with open source technology, says Alibaba at the time.

This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.