Social media backlash compels Paytm roll back top-up charges
China's Alibaba-backed Paytm on Friday cited the outcry on social media as a reason for rolling back 2 per cent charge that it levied on money loaded in the wallet using credit cards.
Mar 10, 2017, 18:44 PM IST
Alibaba launches India-specific content platform
Chinese e-commerce giant Alibaba on Wednesday announced the launch of an India-specific content platform -- We-Media Reward Plan 2 -- with an initial investment of Rs 5 crore, as part of its plan to invest Rs 200 crore over the next two years to drive content distribution in the country.
Mar 08, 2017, 20:15 PM IST
Alibaba partners with state-owned retail conglomerate group
Alibaba and a Shanghai-based state-owned retail conglomerate today announced a rare private-public strategic alliance to push forward partnership for creating a new shopping scenario.
Feb 20, 2017, 16:41 PM IST
Alibaba's Ant Financial planning to raise $2-$3 billion in debt
Ant Financial Services Group, the payment affiliate of Chinese e-commerce giant Alibaba Group Holding Ltd, is in talks with banks to raise $2 billion to $3 billion in debt.
Feb 09, 2017, 12:44 PM IST
Alibaba to provide free Internet in India?
Alibaba is in talks with telecom operators and Wi-Fi providers to offer free Internet services
Feb 08, 2017, 10:01 AM IST
Alibaba to hold 40% stake in Paytm's new e-commerce biz
The shareholding is through Alibaba.com Singapore and AliPay Singapore.
Feb 03, 2017, 11:29 AM IST
Alibaba becomes worldwide Olympic partner through 2028
Chinese online giant Alibaba on Thiursday became the worldwide Olympic partner through 2028 after signing the first long-term partnership with International Olympic Committee.
Jan 19, 2017, 19:25 PM IST
Alibaba to buy mall operator Intime in $2.6 bn plan
Chinese e-commerce titan Alibaba will take control of domestic department store Intime through a $2.6 billion privatisation scheme, the companies said Tuesday, sending shares of the mall operator surging.
Jan 10, 2017, 13:33 PM IST
Alibaba paid $3.41 bn in taxes, created 30 mn jobs in 2016
China's e-commerce giant Alibaba said it paid a total of USD 3.41 billion in taxes in 2016 and created 30 million jobs.
Jan 04, 2017, 15:26 PM IST
We are 'India story' in every sense as Maruti: Paytm founder on Chinese ownership
Facing criticism over significant Chinese ownership, Paytm Founder and Chief Executive Vijay Shekhar Sharma has asserted that the payments and e-commerce platform is "as Indian as Maruti" and prides itself on being a representative of the "India story".
Nov 27, 2016, 14:01 PM IST
Alibaba, Tencent back Chinese cyber law after facing overseas criticism from overseas tech rivals
China`s Alibaba Group Holding Ltd and Tencent Holdings Ltd rallied behind Beijing`s recently-imposed cyber security law on Thursday, following criticism of it from overseas technology rivals.
Nov 17, 2016, 20:38 PM IST
India new active zone for Chinese IT investors after US: Chinese media
India has become an "action zone" for China's big-time investors like e-commerce giant Alibaba as its market attracted second highest Chinese funding in IT products next to the US, state media reported today.
Oct 20, 2016, 13:26 PM IST
Indonesia asks Alibaba's Jack Ma to advise its e-commerce development
JAKARTA/BEIJING - Indonesia has asked the chairman of China`s Alibaba Group Holding Ltd, Jack Ma, to act as adviser in the development of the Southeast Asian country`s nascent e-commerce industry, according to a video released by the government.
Sep 05, 2016, 13:47 PM IST
Samsung, Tencent surge in race to become Asia's most valuable firm
Tencent Holdings Ltd and Samsung Electronics Co Ltd are racing to be crowned Asia`s most valuable company as expectations for robust earnings growth push their share prices to record highs.
Aug 24, 2016, 11:34 AM IST
China to launch world's first quantum hack-proof satellite
China is set to launch the world's first quantum communication satellite which boasts of hack-proof ultra high security features to prevent wiretapping and intercepts.
Aug 14, 2016, 20:37 PM IST
Didi's Cheng Wei: Chinese patriot who tamed Uber
Cheng Wei, 34, was once assistant to the head of a foot massage firm. Last week, his company Didi Chuxing bagged Uber`s China business in a deal valuing his ride-hailing start-up at $35 billion - a second success in as many years in a gruelling battle with a rival.
Aug 12, 2016, 09:31 AM IST
US stocks surge to records as retail, oil shares gain
Alibaba, which trades in New York, jumped 5 percent.
Alibaba says it is not making an investment in Netflix
Alibaba Group Holding Inc is not making an investment in Netflix Inc.
Aug 06, 2016, 02:29 AM IST
China's Alibaba puts internet in cars, plans to take drivers out
Among major tech companies, Alibaba is relatively late to offer a platform that can link a smart phone to a car, trailing platforms already launched by Alphabet`s Google, Apple and Baidu.
Jul 06, 2016, 13:18 PM IST
White House defends Obama's lunch with China's richest man Jack Ma
Barack Obama's lunch with China's richest man Jack Ma has been defended by the White House which said it is not uncommon for the US President to have such a private meeting with "notable" people.
May 19, 2016, 14:28 PM IST