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Alibaba Group Holding Ltd

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

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

Starbucks and Alibaba Group enter into strategic partnership in China

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,...

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

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...

India very important for Alibaba, says CEO

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...

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

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...

Alibaba ends $2.5 billion health deal

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...

Alibaba gets a $3 billion loan for expansion

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...

Ant Financial raises value at $50 billion

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...

Paytm to boost customer experience, acquires Shifu

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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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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