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17 May 2016

Flipkart investor Tiger Global cuts stake in Amazon by 2/3rd

Tiger Global Management, the largest investor in Indian e-commerce giant Flipkart, has reduced its stake in US rival Amazon by about two-third in the January-March 2016 quarter.

Alibaba Holding Group

15 Mar 2016

Alibaba to train one million rural e-commerce gurus

Alibaba reached an agreement on Tuesday with the China Communist Youth League, a CPC reserve force, to train one million teenagers to take e-commerce to rural areas.

23 Nov 2015

Alibaba boss Jack Ma in bid for Hong Kong newspaper: Bloomberg

If the deal goes ahead, Alibaba founder Jack Ma would become the latest Internet tycoon to step in to take over a traditional newspaper.

Alibaba Holding Group

15 Oct 2015

Alibaba gets CCI nod for acquiring 4.14% stake in Snapdeal

A leading online marketplace, Snapdeal has been raising funds from various investors in recent times.

18 Aug 2015

Snapdeal raises $500-mn from Alibaba, Foxconn and others

Online marketplace Snapdeal has raised USD 500 million (about Rs 3,269 crore) in a fresh round of funding from a clutch of investors led by Alibaba Group, Foxconn and SoftBank.

17 Aug 2015

Jack Ma joins Alibaba's $4 billion shares buy-back

Chinese e-commerce giant Alibaba's founder and chairman Jack Ma and vice chairman Joe Tsai today said they would use their own money to buy the company's shares as it began a two-year plan to buy-back shares worth USD 4 billion.

17 Aug 2015

Jack Ma criticised for not helping Tianjin blast victims

Jack Ma, one of China's richest men and the founder of e-commerce giant Aibaba, has come under immense pressure from netizens who criticised him for not donating money for the welfare of the victims of last week's Tianjin blasts that killed at least 114 people.

Alibaba Holding Group

23 Jun 2015

Alibaba and Ant Financial to invest $1 bn in mobile platform

China's e-commerce giant Alibaba and a financial affiliate part-owned by its chairman Jack Ma will pour nearly USD 1 billion into a local services mobile platform to compete with rival Tencent.

Alibaba Holding Group

23 Jun 2015

Alibaba Group sells off US arm 11 Main

China`s e-commerce titan Alibaba said Tuesday it is selling its US shopping subsidiary 11 Main only a year after launching it, having reportedly failed to gain traction in the market.

Alibaba Holding Group

18 May 2015

Help us fight fakes, Alibaba tells global brands

When it comes to fighting fakes, Alibaba`s head of internet security says cooperation beats the courtroom any day.

19 Mar 2015

Yahoo to shut China office, to lay off over 200 jobs: Report

Yahoo shut down its China email service in 2013. It was earlier embroiled in controversy when it handed authorities details of a Chinese journalist who was sentenced to 10 years in prison.

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