Alibaba

Chinese giant Alibaba's financial arm has raised a $4.5 billion in funding, it will be counted as the largest single private placement of the e-commerce company. As reported by the Wall Street Journal, the development values Ant Financial Services Group...

In a sign of things to come, Chinese e-commerce giant Alibaba has begun the process of setting up a team in India to look at merger and acquisition (M&A) opportunities. According to a report in The Hindu Business Line, Alibaba has...

One of India's largest electronic payment platform, Paytm has reported a five fold rise (122 million) in the number of active users in one year. Ant Financial, the Alibaba Group affiliate, took 25 per cent stake in One97, which was...

Japanese e-commerce giant Rakuten, which opened its development centre in Bengaluru in 2014, has now opened a business office in the startup hub. Rakuten, the company behind chat application Viber, is eyeing a direct entry - as opposed to Alibaba's...

Chinese e-commerce behemoth Alibaba overtook America's Walmart to be world's largest retailer, according to Stationery News. With an expected overturn of $490 billion in 2015-16, the Chinese retailing brand is the global leader in the sector. The dethroning of Walmart comes on...

Alibaba, the Chinese e-commerce giant, has filed a lawsuit against fake university and shopping malls who have been illegally using the name of its online shopping sites. Alibaba has filed lawsuits against the three eco cities, with Hangzhou Intermediate People's...

Flipkart plans to open up its logistics services arm to third-party merchants and in this regard, has joined hands with Paytm to deliver goods through eKart, its logistics arm. This move is expected to establish eKart as an independent business while reducing...

Chinese e-commerce major Alibaba has announced that it will be launching multiple eSports tournaments, including a series called the AliSports World Electronic Sport Games (WESG). Alibaba signed an agreement this week with Singapore-based social networking firm YuuZoo to run the firm's...

The new rules on foreign direct investment in online marketplaces could accelerate the entry of overseas firms such as China's Alibaba Group, both as investors and retailers, and potentially alter India's e-commerce landscape given their deep pockets. According to a...

The founders of Flipkart and Snapdeal - the two largest Indian e-commerce retailers - took their online rivalry onto the social media space. The trigger - Chinese e-commerce major Alibaba's entry into India. On Friday evening, Flipkart's Sachin Bansal tweeted:...