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Anil Ambani's Reliance Capital sells Paytm stake to Alibaba; makes over 2,000% profit

Anil Ambani's Reliance Capital sells Paytm stake to Alibaba; makes over 2,000% profit

The financial services arm of Reliance Group had invested Rs 10 crore for this stake in Paytm.

Chinese e-commerce giant Alibaba back on US govt's annual list of notorious markets

Chinese e-commerce giant Alibaba back on US govt's annual list of notorious markets

Chinese e-commerce giant Alibaba Group is back on the US government's annual list of "notorious markets" over counterfeit goods sales.

9Apps, Disney tie-up to offer 300 mobile games in India

9Apps, Disney tie-up to offer 300 mobile games in India

9Apps, part of Alibaba Group has announced its tie-up with Disney India`s Interactive business to host and promote over 300 popular mobile games from its gaming catalogue.

Alibaba Group unveils smart 'internet-connected car'

The car has advanced fuel technology, more powerful accelerator, lower oil consumption and have a shorter braking distance.

India accounts for 20% of UC Browser's global userbase

India accounts for 20% of UC Browser's global userbase

New Delhi: Alibaba group firm UCWeb on Monday said India accounts for about 20 percent of the global userbase of its flagship UC Browser with about 80 million monthly active users.

Alibaba launches India's first face-lock security app

Alibaba launches India's first face-lock security app

New Delhi: Chinese mobile internet giant Alibaba Group on Wednesday launched "Privacy Knight" -- India`s first free app-lock with face-lock feature that enables users to unlock their protected apps through a one-second selfie.

 

China e-commerce giant Alibaba`s quarterly revenue leaps 39%

China e-commerce giant Alibaba`s quarterly revenue leaps 39%

Chinese e-commerce giant Alibaba`s revenue surged 39 percent year-on-year in the first three months of 2016, the company said Thursday, its fastest growth in the last four quarters.

Alibaba financial affiliate valued at $60 billion: Reports

Alibaba financial affiliate valued at $60 billion: Reports

China`s top internet finance company, e-commerce giant Alibaba`s affiliate Ant Financial, could start the process of going public this year, reports said Monday, with the firm`s latest fundraising valuing it at $60 billion.

Alibaba buys nearly 33 million shares of Groupon

Alibaba buys nearly 33 million shares of Groupon

Alibaba has bought nearly 33 million shares of online daily deal service Groupon.

Internet giant Alibaba to buy South China Morning Post

Internet giant Alibaba to buy South China Morning Post

Chinese internet giant Alibaba said Friday it would buy Hong Kong's South China Morning Post, following weeks of speculation over the future of the English- language newspaper.

Yahoo reverses course on plan to spin off Alibaba stake

Yahoo reverses course on plan to spin off Alibaba stake

Yahoo Inc shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday, under pressure from activist investors worried about billions of dollars in taxes, and said instead it is looking at creating a separate company to hold the rest of its assets.

 

Yahoo will not spin off Alibaba stake, weighs core business sale

Yahoo Inc is weighing a sale of its core Internet business and will not sell its stake in Chinese e-commerce firm Alibaba Group Holding Ltd, CNBC reported, with an announcement coming as soon Wednesday.

 

David Cameron hires Alibaba's Jack Ma to advise him on business

David Cameron hires Alibaba's Jack Ma to advise him on business

One of China's top businessmen, Alibaba founder Jack Ma, has been appointed by British Prime Minister David Cameron to advise him on business, Downing Street said Monday.

Alibaba Group to invest $1.0 bn in cloud computing

Chinese e-commerce giant Alibaba will invest $1.0 billion in its cloud computing arm to expand its international presence, the company said Wednesday, as it looks outside its core business and beyond traditional markets.

Alibaba's Ma, visiting New York, says not in America to compete

Chinese e-commerce titan Alibaba Group Holding Ltd does not want to fight for U.S. market share but instead hopes to help small US businesses sell more goods in China, Executive Chairman Jack Ma said.

China fines Alibaba $129,000 for pricing violations

China`s e-commerce giant, Alibaba Group, has been fined 800,000 yuan ($129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms.

Alibaba-backed ShopRunner gains momentum, eyes China

ShopRunner borrows some of Amazon.com Inc`s innovations: it charges $79 for two-day shipping to Amazon`s $99. And it has an express checkout akin to its larger rival`s one-click-buying feature.

Alibaba says March 18 lockup expiry will free up 437 million shares

Alibaba Group Holding Ltd`s 180-day post-IPO lockup expires March 18, allowing about 437 million shares or roughly 18 percent of the company to be sold publicly.

Alibaba tabs Jeff Zhang to oversee consolidated retail division

Alibaba Group Holding Ltd appointed Jeff Zhang to oversee its main services on Monday, bringing Taobao, Tmall and Juhuasuan into a newly created "China Retail Marketplaces" division.

Alibaba buys $383 mn stake in TV programme producer Beijing Enlight

Chinese e-commerce titan Alibaba Group Holding Ltd has invested 2.4 billion yuan ($382.67 million) in TV programme producer Beijing Enlight Media Co Ltd , Beijing Enlight said in a regulatory filing on Wednesday.