Alibaba

Chinese e-commerce giant Alibaba is expected to surpass the US multinational firm Walmart soon as the world's largest retail platform. Walmart Stores Inc posted net sales of $478.6 billion for its fiscal year ending January 31, while the latest...

Paytm, India’s most prominent online payment service provider appointed ex-chief of Alibaba Group Holding wholesale business, Bhushan Patil as the company’s new Vice-President, the company announced on Friday. The move comes as Paytm is looking to ramp up growth and...

Chinese e-commerce giant Alibaba is planning to enter India this year and for a possible partnership, it has approached Tata Sons. It will take two quarters for Alibaba to finalise a joint venture partner. The company said it is evaluating...

Chinese e-commerce giant Alibaba Group is evaluating options to set up a technology development centre in India. The move is being seen as a global endorsement of India's software engineering talent, three people familiar with the development were quoted by The...

Alibaba has signed an agreement with the China Communist Youth League to train one million teenagers to take e-commerce to rural areas. According to the deal, Alibaba will help the rural youth to jumpstart online businesses offering training, funds...

Amazon was in talks to buy Flipkart as recently as last year. According to a report in The Economic Times, Amazon had engaged Flipkart in the last quarter of 2015, but talks broke down on the matter of valuation. Amazon...

Online shopping giant Amazon is seeking a US patent to use selfies instead of passwords for shopping using smartphones. Amazon feels that as compared to passwords or identification numbers, combining sensor and camera capabilities in smartphones with face and gesture...

The biggest e-commerce company of China, Alibaba, is building apartments to sell to its employees. These apartments will be available to employees at a discount of about 40 per cent. The company is building 380 apartments in Hangzhou. The area...

India's e-commerce major Flipkart, in a bid to foray into the payments business, has launched an online wallet, Flipkart Money. The online wallet will directly compete with Alibaba-backed Paytm and Snapdeal's Freecharge. Flipkart Money will help the firm increase the...