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Alibaba expands offline bet with $2.9 bn stake in top Chinese grocer

TMT

20 November, 2017

Alibaba expands offline bet with $2.9 bn stake in top Chinese grocer

Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake ......

Alibaba seeks regulatory nod to buy into BigBasket

TMT

09 November, 2017

Alibaba seeks regulatory nod to buy into BigBasket

Chinese e-tailing giant Alibaba has sought formal approval from the Competition Commission of India to acquire a stake in the ......

Paytm to invest $769 million in payments biz

TMT

07 November, 2017

Paytm to invest $769 million in payments biz

One97 Communications Ltd, which operates mobile wallet Paytm, will invest close to Rs 5,000 crore ($769 million) in its payments ......

Paytm parent reports Rs 814 crore revenue for 2016-17

TMT

02 November, 2017

Paytm parent reports Rs 814 crore revenue for 2016-17

One97 Communications Ltd, which owns India’s largest digital payments company Paytm, has reported revenues of Rs 813.88 crore for 2016-17. ......

Alphabet's Waymo sought $1 bn from Uber to settle trade secret lawsuit

TMT

12 October, 2017

Alphabet's Waymo sought $1 bn from Uber to settle trade secret lawsuit

Alphabet Inc’s Waymo sought at least $1 billion in damages and a public apology from Uber Technologies Inc as conditions ......

Alibaba vs Tencent: Who will come out on top in the Indian startup race?

TMT

05 October, 2017

Alibaba vs Tencent: Who will come out on top in the Indian startup race?

Over the last couple of years, there has been quite a bit of China in India's biggest consumer Internet firms, ......

Alibaba-backed Paytm Mall looks to raise over $600 mn

TMT

27 September, 2017

Alibaba-backed Paytm Mall looks to raise over $600 mn

Online marketplace Paytm Mall, operated by Paytm E-Commerce Pvt. Ltd, has reportedly initiated discussions to raise Rs 3,000-4,000 crore ($456-608 ......

Alibaba to invest $15 bn in building global logistics network

TMT

26 September, 2017

Alibaba to invest $15 bn in building global logistics network

Chinese e-commerce firm Alibaba Group announced it will invest 100 billion yuan ($15.12 billion) over five years to build a ......

After Little and Nearbuy, Paytm in talks to acquire travel portal Via.com

TMT

19 September, 2017

After Little and Nearbuy, Paytm in talks to acquire travel portal Via.com

Flush with funds from Japan’s SoftBank, digital wallet and e-commerce company Paytm is eyeing another acquisition. The payments firm has ......

Is ShopClues torn between an IPO and a merger?

TMT

12 September, 2017

Is ShopClues torn between an IPO and a merger?

Twenty months after it last raised equity funding of around $100 million, ShopClues, the non-metro focused marketplace that primarily sells ......