Alibaba boosts Singapore Post stake, invest in e-commerce unit
SingPost is seeking to boost its e-commerce business to offset weak postal revenues, and last year an Alibaba unit bought an over 10 percent stake in SingPost for $249 million.
Jul 08, 2015, 08:09 AM IST
China e-commerce firm JD.com to launch credit-scoring rival to Alibaba's
JD-ZestFinance Gaia and competitor Sesame Credit, part of Alibaba-affiliated Ant Financial Services Group, hope to use the e-commerce sites` vast swathes of shopping data to turn out a reliable credit risk score.
Jun 26, 2015, 14:05 PM IST
Alibaba Group launches Internet bank
Chinese e-commerce behemoth Alibaba on Thursday launched an Internet bank aimed at serving small businesses which often struggle to obtain credit from large banks.
Jun 25, 2015, 17:54 PM IST
Alibaba affiliate launches Internet bank for SMEs, "little guys"
Alibaba Group Holding Ltd`s financial affiliate launched on Thursday Internet bank MYbank, targeting the small- and medium-sized Chinese enterprises that have struggled to obtain credit from major financial institutions.
Jun 25, 2015, 16:16 PM IST
Micromax in talks to sell one-fourth stake to Alibaba: Report
Home-grown handset maker Micromax is in talks to sell one-fourth stake to Chinese e-commerce major Alibaba, as per a report in a national financial daily.
Jun 25, 2015, 14:45 PM IST
Still an underdog, but China govt deals help Alibaba's cloud ambitions
Alibaba this week scored a minor deal with China`s northeastern port city of Dalian to build a cloud computing centre and provide online government services such as bill payment.
Jun 19, 2015, 08:27 AM IST
Japan`s humanoid robot `Pepper` set to hit stores
Japan`s SoftBank said Thursday that its chatty humanoid robot Pepper would go on sale this weekend, as it announced a deal with China`s biggest e-commerce website Alibaba and a Taiwanese manufacturer to work on robotics technology.
Jun 18, 2015, 16:29 PM IST
SoftBank launches robot venture with Alibaba, Foxconn
SoftBank said it would have a 60 percent stake in the joint venture, with Alibaba and Foxconn holding 20 percent each.
Jun 18, 2015, 11:39 AM IST
Alibaba partners India's Allcargo for logistics services
E-commerce giant Alibaba has partnered with the overseas subsidiary of Gurgaon-based Allcargo to provide logistics services.
May 29, 2015, 19:48 PM IST
Alibaba's latest gambit in fighting fakes: Foster local brands
Critics say the scheme is misguided and Alibaba should instead focus on scrubbing its online marketplaces of widespread listings of fakes.
May 25, 2015, 08:10 AM IST
Alibaba's Ma expresses 'regret' over counterfeits lawsuit
The suit accuses Alibaba of mail fraud and racketeering, including processing payments for goods it knew were counterfeit.
May 19, 2015, 16:29 PM IST
Tim Cook says Apple in talks with Alibaba over Apple Pay in China
"We very much want to get Apple Pay in China," Cook told Xinhua during a visit to the country. "I`m very bullish on Apple Pay in China."
May 12, 2015, 09:30 AM IST
Alibaba acquires stake in US online retailer Zulily
The Seattle-based retailer primarily sells clothing, toys and other items for kids and is mainly marketed towards mothers.
May 09, 2015, 22:26 PM IST
Alibaba has a new CEO, but it''s still Jack''s house
Ma trumpeted the appointment of a fresh chief executive, Daniel Zhang.
May 08, 2015, 17:32 PM IST
Alibaba eyes stake in phone maker Micromax to grow in India: Sources
The deal, if completed, would see Alibaba investing as much as $1.2 billion.
May 08, 2015, 12:27 PM IST
Alibaba quarterly net profit halved, anounces CEO change
Chinese e-commerce giant Alibaba said Thursday its net profit plunged 49 percent to $463 million for the final quarter of its financial year ending March, hit by a share-based compensation expense.
May 07, 2015, 17:28 PM IST
Paytm forays into eCommerce; to compete with likes of Flipkart
Mobile payment services firm Paytm on Friday announced its foray into the eCommerce space, putting itself, which is backed by Alibaba, in direct competition with giants like Amazon, Flipkart and Snapdeal.
Apr 24, 2015, 23:12 PM IST
Citadel managing director to join Alibaba family office: Report
Oliver Weisberg has quit his role as a managing director of Citadel to help run a family office for Alibaba Group Holding Ltd executives, Bloomberg reported, citing two people with knowledge of the matter.
Apr 24, 2015, 09:35 AM IST
Alibaba helps Sinopec with cloud computing, big data
The link-up was for technical services and did not involve equity cooperation, China Petroleum & Chemical Corp, or Sinopec, said on its official microblog. It did not say how much money was involved.
Apr 17, 2015, 12:03 PM IST
HP's Meg Whitman tech sector's wealthiest woman: Wealth-X
Hewlett-Packard's chief executive Meg Whitman is the wealthiest women in the technology sector with a fortune of USD 1.3 billion followed by Facebook's Sheryl Sandberg and Alibaba's Lucy Peng, according to a Wealth-X estimate.
Apr 15, 2015, 14:45 PM IST