Alibaba

Chinese e-commerce major Alibaba Group's Global Managing Director K Guru Gowrappan today met Commerce and Industry Minister Nirmala Sitharaman to explore investment opportunities. According to a PTI report: Huge opportunities exist for such big firms to invest in the country's...

India and Indonesia share a number of characteristics that position them on the tipping point of explosive e-commerce growth. Between them, India and Indonesia account for one out of every five people alive on earth. With India’s economy predicted to...

Madhur Deep Senior VP Alibaba Group Former McKinsey and Delloite executive Madhur Deep, joined Chinese behemoth Alibaba as its Senior Vice President recently. In his new role, Deep will be responsible for heading the strategy and investment teams to build out market entry,...

Walmart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s Flipkart Online Services Pvt. Ltd in exchange for a minority stake in the Bengaluru-based e-commerce company, according to several reports. The move is being widely...

China's online marketing giant Alibaba plans to launch the world's first e-commerce satellite next year to provide people with the best vegetables after analysing agricultural cultivation and harvesting data. Juhuasuan.com, a group shopping website affiliated with Alibaba Group, has announced...

Chairman of e-commerce giant Alibaba, Jack Ma, has been appointed adviser to the UN Conference on Trade and Development (UNCTAD), his company disclosed this on Wednesday. Ma, one of the richest men in China, will be UNCTAD's Special Adviser on...

Global e-trader Alibababa.com has announced offering Indian small and medium enterprises (SMEs) a common platform for their global trading needs. "We have tied up with five partners to set up a Trade Facilitation Centre (TFC) programme for providing Indian SMEs...

China's e-commerce giant Alibaba's market value has surpassed all other Asian listed firms, totalling over $266 billion, official media reported today. The world's largest e-commerce platform closed at $104.64 per share on the New York Stock Exchange on Saturday, totalling...

Jabong's former CEO & Managing Director, Sanjeev Mohanty, has joined Levi Strauss & Co. as Managing Director of the firm’s South Asia operations. He is credited with building Benetton into the largest foreign fashion brand in the country during his 11-year stint with them. Mohanty...

One97 Communications, which runs mobile payment and e-commerce platform Paytm, is in advanced talks to raise fresh funding of about Rs 2,000 crore ($300 million) as the company gears up to launch the payments bank and aims to boost...