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Latest Articles in alibaba

Alibaba CEO Rules Out Layoffs This Year

In November, Alibaba cut its full-year revenue forecast to between 375 billion yuan and 383 billion yuan (USD 54.4 -55.6 billion)

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With $39 Billion Wealth, Alibaba Founder Jack Ma Reclaims Top Spot Among Chinese Billionaires

Founder of e-commerce giant Alibaba, Jack Ma who last month made a surprise announcement of his retirement as the executive chairman of the company has pipped Chinese property mogul Xu Jiayin

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Alibaba Founder Jack Ma To Step Down In 2019, Names CEO Daniel Zhang As Successor

Jack Ma, Alibaba's CEO will hand over the reins of the company to CEO Daniel Zhang in 2019 but shall remain a director on Alibaba's board and a permanent member of the Alibaba Partnership

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Retailers Set Sights On Facebook, Google Ad Revenue

Retailers ranging from Target and Walmart Inc to grocers such as Tesco Plc are working aggressively to attract big advertisers to their websites in a bid to drive sales, according to interviews with retailers, packaged goods makers, consumer data firms and marketing consultants

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SoftBank, Alibaba To Invest USD 445 Million In Paytm Mall

"We believe Paytm Mall's offline-to-online operating model, combined with the strength of the Paytm ecosystem, is uniquely positioned to enable India's 15 million offline retail shops to participate in India's e-commerce boom," SoftBank said in a statement on Monday

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Alibaba To Invest Extra $2 Billion In Lazada In Aggressive Southeast Asian Expansion

Alibaba has previously invested $2 billion in the Singapore-based firm, bringing its total investment to $4 billion

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Sequoia Capital Plans USD 8 Billion Global Fund, Eyes China Investors

"There is so much money now (in the tech sector). You need to have a bigger war chest," said a Hong Kong-based investment banker familiar with Sequoia's strategy

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Calling National Trade Associations & Chambers Of Commerce

Cyclones of artificial intelligence laced digital platforms like LinkedIn and baby-Alibaba models are coming like swarms. All around the world, such platforms will offer dramatically live interactive membership engagements and challenge old traditional association formats

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PayPal Starts Payment Services In India

The online payment industry is pegged to grow ten-fold to $500 billion by 2020

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Zomato Engages In Talks With Swiggy For Possible Merger

Zomato proposes a stock-based merger whereas Swiggy wishes to acquire the food delivery business of Zomato

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Alibaba Lunches $15 Billion Overseas R&D Drive

China's top e-commerce firm, Alibaba Group Holding Ltd, is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce, logistics and cloud technology.

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Alibaba Takes Control Of Logistics Business, Pledges $15 Billion To Expand Network

Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a global logistics network, underscoring aggressive expansion plans overseas.

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Of Footfalls And Clicks

Both real and virtual experiences in retail will come together to transform India’s economy

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Paytm May Pick Up Stake In BigBasket For $200 Million

According to a report by Franchise India, the online grocery market is expected to be Rs 2.7 billion market by 2018-19.

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