Valued at $1 billion two years ago, the company is mainly being bought for its $150 million in cash and less for its API platform.
Assaf Gilead is a Tech Editor and Writer, specializing in local tech news in Israel. With a focus on the Israeli tech industry, Assaf covers topics such as innovation, investment, and the impact of technology on various sectors. His work has been featured in publications such as Globes and Jerusalem Post.