Alibaba Group Holding Ltd

E-Commerce

Alibaba sells remaining direct stake in Paytm for Rs 1,378 cr

PTI -
The e-commerce major divested its remaining 3.3 per cent direct stake in One97 Communications, which operates under the Paytm brand New Delhi: Chinese e-commerce major Alibaba on Friday divested its remaining 3.3 per cent direct stake in One97 Communications, which operates...
Food

Starbucks and Alibaba Group enter into strategic partnership in China

Indiaretailing Bureau -
Starbucks Coffee Company and Alibaba Group Holding Ltd. has announced a deep, strategic 'New Retail' partnership that will enable a seamless Starbucks Experience and transform the coffee industry in China. Collaborating across key businesses within the Alibaba ecosystem, including Ele.me,...
International News

Alibaba invests additional US $2 billion in Southeast Asian e-commerce firm Lazada

Indiaretailing Bureau -
Alibaba Group Holding Ltd. will invest another US $2 billion in Lazada Group SA and install one of its most senior executives to run the business as it doubles its bet on Southeast Asia. Lucy Peng, who is already Chairman...
Retail

India very important for Alibaba, says CEO

IANS -
India is a "very important" market to the Chinese e-commerce giant Alibaba in its global strategy, the Chief Executive Officer of the company said here on Saturday. "Globalisation is one of our key strategies for Alibaba. As part of this...
Retail

Alibaba, SAIF Partners to invest US $200 in Paytm's online marketplace unit

Indiaretailing Bureau -
Chinese e-commerce major Alibaba Group Holding Ltd, along with investment firm SAIF Partners, are set to invest US $200 million in Paytm’s online marketplace unit. Alibaba Singapore E-Commerce Pvt. Ltd will invest US $177 million in Paytm E-Commerce Pvt. Ltd—a...
Latest News

Alibaba ends $2.5 billion health deal

Indiaretailing Bureau -
Alibaba Group Holding Ltd, the Chinese e-commerce giant, has dropped the plans to merge its pharmacy business with a Hong-Kong-listed affiliate. Alibaba has to drop the plans due to regulatory uncertainties over the deal and broader healthcare industry in...
Retail

Alibaba gets a $3 billion loan for expansion

Indiaretailing Bureau -
Alibaba Group Holding Ltd of China led by Jack Ma has signed a deal of $3 billion loan for a time period of five years. As per a report of The Wall Street Journal, the company was holding talks with...
Latest News

Ant Financial raises value at $50 billion

Indiaretailing Bureau -
Ant Financial Services Group is the major finance pillar of  Alibaba Group Holding Ltd, a leading name in Chinese e-commerce. It values around $50 billion as per the present round of funding according to the Wall Street Journal. Ant Financial...
Retail

Paytm to boost customer experience, acquires Shifu

IMAGES Retail Bureau -
Mobile wallet and e-commerce firm Paytm has acquired consumer behaviour prediction and recommendation platform Shifu, to enhance customer experience on its platform. Delhi-based Shifu, run by Signal Inc., mines the smartphone usage patterns of users and makes personalised recommendations to...
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Latest News

Food ServiceBhavishya Bir -

KFC opens restaurant in Punjab

The newly-opened KFC restaurant is located in Sangrur, Punjab New Delhi:Fast food restaurant chain KFC has launched a new outlet...
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