Alibaba Group

Paytm, India’s leading mobile payment and commerce platform, has announced that Mountain Capital will make an investment in the company. The fresh capital infusion will allow Paytm, the consumer brand of One97 Communications, to further accelerate and develop a vibrant mobile...

Chinese Internet giant Alibaba Group on Friday announced the launch of a book donation drive in India, inviting people to donate textbooks and educational material to empower those who are underprivileged. The "Mission Million Books" is a pan-India initiative aimed...

Paytm, India’s largest mobile payment and commerce platform has inked strategic partnerships with leading retail chains across the country, including Spencer’s Retail, Heritage Fresh, More, WH Smith, Kendriya Bhandar, V2 Retail, Value Plus, Pai International (Pai Mobile) and various other large...

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...

Online marketplace Snapdeal has launched a new platform called ‘Snapdeal Ads’ to enable its 2,00,000 sellers get their products discovered and thereby sales through targeted advertising tools. The tool developed in-house will allow the seller community to reach customers through...

Snapdeal.com, has named Anup Vikal as its new chief financial officer, the New Delhi-headquartered company announced on Tuesday. Prior to his latest appointment, Vikal served as the chief financial officer of mobile network operator Aircel. "We are very excited to have...

Digital payments and commerce platform Paytm is reportedly investing $10 million in the first round of institutional funding for data analytics firm LogiNext, in an effort to bring greater efficiencies to its delivery vertical. The investment is a part of...

Online marketplace major Snapdeal has acquired Silicon Valley-based startup Reduce Data, a programmatic display advertising platform, to strengthen its discovery platform. While the financial terms of the acquisition were not disclosed, the Reduce Data team will join Snapdeal, in the...

Flipkart has launched a new support facility – Flipkart One Stop (F1-Stop) – that will equip sellers with all the necessary information and procedures they need to start and grow their business online. F1-Stop centre will offer an array of...

Online marketplace Snapdeal recently announced that it has secured an investment of USD 500 million led by Alibaba Group, Foxconn and SoftBank. Existing investors Temasek, BlackRock, Myriad and Premji Invest also participated in this round, the company said in...