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Friday, December 9, 2016

Tag: Alibaba

Alibaba enters TFC program with novel business offerings in India

Alibaba in India
Chinese E-giant Alibaba, has just made a bold move to increase business in India by entering into agreements with new Indian partners and venturing into the refurbished Trade Facilitation Centre program in the country. These new partners are: IDFC Bank, Delhivery, DHL and Kotak...

IPL vs ICC T20 WC: Analysis by UC Browser tells which one was more popular

ICC T20
UCWeb, an Alibaba undertaking, has released data using their UC Browser on traffic trends during the ICC world Cup and the IPL 9. As per the data, ICC beats IPL. The World Cup had over 7 million unique visitors following the game, tracking coverage and...

Paytm set to start India’s Payment bank by November 2016

paytm-founder-VIJAY KUMAR SHARMA
Vijay Shekhar Sharma, Founder of One97 Communications Ltd that runs Paytm, is looking at spinning off its marketplace business into a separate mobile app within the next three months. On Monday, he confirmed that he plans to start a bank with an initial capital...

Alibaba launches $20 million InDev funding program to fund Indian Startups

110615_055764666224
9Apps, a venture by Alibaba Mobile Business Group has recently invested $20 million in a program named InDev. This program is aimed at helping 100 Indian Startup developers over the next two years. UNDP has recently declared India as the fastest growing and the second...

India is now second largest market after China for Alibaba Group

Alibaba Group
India continues to attract big business houses around the world. A large and burgeoning English-speaking middle class, stable democratic political climate make it an ideal place to do business. Alibaba has over 40 million users stretching across 190 countries. India has become the second...

Alibaba acquires Chinese video site Youku Tudou for $3.6 billion

Alibaba acquires Youku Tudou
Alibaba stock price surged by 1.1% after Alibaba Group Holding Ltd. announced that it is acquiring Chinese video site - Youku Tudou for $3.6 billion. Earlier in 2014, Alibaba had purchased over 18% of Youku Tudou Inc. shares at a price of $30.50 per...

Snapdeal snaps $500 million funding from Alibaba, Foxconn and SoftBank

India’s fastest growing online portal, Snapdeal has revealed that China`s Alibaba Group Holding, Japan's SoftBank Group Corp. and Foxconn will together invest $500 million as Snapdeal is poised to expand in the fast-growing e-commerce sector. The move once again signifies the importance of India and...

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