SoftBank Group said on Friday it was selling a further $1.1 billion of its shares in Alibaba Group Holding, bringing the total it has sold in the Chinese e-commerce company to $10
2015 was a hit year in startup ecosystem in India. The bug has bitten young techies and entrepreneurs. The year was quite happening in startup hubs of India. May tech companies hit
The push into India comes at a time when internet giants like Soft-Bank, Alibaba and Amazon are pumping in billions of dollars of investments to gain an edge in fastest growing market.
Chinese e-commerce giant Alibaba will invest $1.0 billion (roughly Rs. 6,389 crores) in its cloud computing arm to expand its international presence, the company said Wednesday, as it looks outside its core
Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter told Reuters on
Micromax is on the verge of signing an agreement to sell a fourth of itself to China’s Alibaba for about $700 million (Rs 4,200 crore), according to three persons aware of the
ICICI Bank on Monday said it has partnered with Alibaba.com, the leading platform for global wholesale trade, to launch a trade facilitation centre, a single window facility to provide easier trade finance
China will allow full foreign ownership of some e-commerce businesses, aiming to encourage foreign investment and the development and competitiveness of the industry, the Ministry of Industry and Information Technology said on
China’s Alibaba and Taiwan’s Foxconn are reportedly in talks to jointly invest about $500 million (roughly Rs. 3,213 crores) in India’s Snapdeal, a deal which could see the growing e-commerce firm valued
Chinese e-commerce titan Alibaba Group Holding Ltd does not want to fight for U.S. market share but instead hopes to help small U.S. businesses sell more goods in China, Executive Chairman Jack
China’s Alibaba Group Holding is in talks with India’s Micromax Informatics to buy a share of about 20% in the smartphone maker, helping the e-commerce giant roll out services and expand its
Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas. The