Alibaba, US grocer Kroger had early business development talks: Source
The development came as Amazon.com Inc is expanding aggressively into groceries with its acquisition of Whole Foods Market.
Jan 25, 2018, 12:34 PM IST
Future will be about 'made on the internet': Jack Ma
Jack Ma said that even without a perfect logistics system, payments system or blockchain, e-commerce has grown remarkably.
Jan 24, 2018, 18:05 PM IST
Alibaba may pump in up to $300 million in BigBasket
The deal, which is expected to be announced in the next few weeks, will give BigBasket more muscle to compete against rivals like Grofers and e-tailing giant Amazon,
Dec 07, 2017, 18:56 PM IST
Users opting mobile payments exceed 520 million in China
The combined value of mobile payments jumped 33.8 per cent to 39.2 trillion yuan (USD six trillion).
Nov 23, 2017, 12:05 PM IST
UC Browser in line with Google's policy now up on Play Store
The app was de-listed from Google Play store reportedly on data security issues, which the company later denied.
Nov 22, 2017, 14:55 PM IST
We'll be back next week on Google Play Store: UCWeb
UC Browser claims to have a bigger base than Google Chrome and over 43 per cent market share in India. Out of its 500 million downloads, 100 million are from India alone.
Nov 16, 2017, 17:35 PM IST
JD.com reports $19.1 billion in shopping event sales
Fresh foods and cosmetics were some of the online retailer`s biggest movers, with JD selling 500,000 Thailand black tiger shrimp and 55 million facial masks over the period.
Nov 12, 2017, 17:42 PM IST
JD.com, Thai retailer Central Group form $500 million e-commerce JV
Each company will contribute $250 million to the venture.
Sep 15, 2017, 12:03 PM IST
BRICS account for 47% of global online retail sales
BRICS countries account for 47 percent of the global online retail sales surpassing $876 billion in 2016, a new study revealed on Thursday.
Aug 31, 2017, 10:53 AM IST
Paytm Mall eyes $4 billion GMV run-rate this fiscal
Paytm Mall, which was spun off as a separate app in April this year, expects the growth to be driven by strong demand in categories like electronics, appliances, FMCG and fashion.
Aug 29, 2017, 18:03 PM IST
Alibaba's UC Browser under govt scanner over data leaks
UC Browser has last year claimed that it has over 100 million monthly active users in India and Indonesia.
Aug 22, 2017, 18:28 PM IST
'Snapdeal 2.0' could leave company with 500-600 staffers
Snapdeal will trim its operations and over the next 2-3 months, the workforce could be pared to about 500-600 people, two people familiar with the company's plans said.
Aug 02, 2017, 20:14 PM IST
Singapore slings? Taking on Alibaba, Amazon launches Prime Now in the city state
Amazon has yet to detail its plans for the wider region and a spokeswoman declined to comment.
Jul 29, 2017, 16:53 PM IST
Xiaomi gains new $1 billion loan to drive retail push, expansion overseas
It follows a three-year $1 billion syndicated loan in 2014.
Jul 28, 2017, 10:47 AM IST
Apple offers discounts to promote Apple Pay in China
The US-based Apple launched a campaign in China this week to promote its mobile payment platform and break the current duopoly of tech giants Tencent and Alibaba.
Jul 19, 2017, 18:40 PM IST
Alibaba Cloud to open first data centre in India
The data centre will be set up in Mumbai by March 31, 2018, the group said, adding that another one will come up in Jakarta.
Jun 10, 2017, 20:53 PM IST
Alibaba Mobile Business appoints Young Li as Head of International Business
Alibaba Mobile Business Group on Thursday announced appointment of Young Li as Head of International Business Department.
May 25, 2017, 13:55 PM IST
SoftBank opens up wallet for Paytm; infuses Rs 9,000 crore
Japanese conglomerate SoftBank has pumped in USD 1.4 billion (over Rs 9,079 crore) in Indian digital payments platform, Paytm, marking the largest fund infusion by a single investor in an Indian start-up.
May 18, 2017, 19:36 PM IST
Paytm sells over 30 kgs of 'Digital Gold'
Alibaba-backed Paytm on Tuesday said it has sold over 30 kgs of 'digital gold' in six days of launching the service in partnership with gold refiner, MMTC- PAMP.
May 02, 2017, 21:43 PM IST
Snapdeal to dole out up to 15% pay hike amid sell-off buzz
E-commerce major Snapdeal will shell out an average pay hike of 12-15 percent as it looks to assure employees amid the online marketplace scouting for a potential buyer.
Apr 12, 2017, 18:45 PM IST