Alibaba
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Paytm appoints Alibaba executive Bhushan Patil as president
Mar 24, 2016, 07:32 AM ISTNew Delhi: Eyeing overseas expansion, mobile commerce firm Paytm on Wednesday appointed ex-head of Alibaba Group Holding’s wholesale business, Bhushan Patil, as its new president. “We want to offer Indian merchants a compelling commerce platfor
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Alibaba’s business hits $463 bn mark, slated to pip Walmart as world's top retailer
Mar 22, 2016, 02:18 PM ISTMarking a significant development in the e-commerce market, Chinese giant Alibaba has on Monday said it has crossed a major milestone, hitting the 3 trillion RMB ($463 billion) in trade volume transacted over its China retail marketplaces in under a
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Alibaba to unveil first internet car in April
Mar 22, 2016, 01:53 PM ISTBeijing: Alibaba,China’s largest e-commerce company, is preparing to unveil its first internet-connected smart car in April, the People's Daily reported on Tuesday. According to the company's chief technology officer Wang Jian, internet character is
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Zomato, Redbus, Cleartrip now on Snapdeal
Mar 10, 2016, 11:19 AM ISTNew Delhi: Snapdeal, one of the leading e-commerce runners, has started a pilot project, under which the company has integrated services of RedBus, Zomato and Cleartrip. This move has been made to help customers with
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Alibaba sets new Singles Day record with over USD 14 billion sales
Nov 12, 2015, 04:25 PM ISTBeijing: China's e-commerce giant Alibaba today created a new record in online sales netting USD 14.33 billion on the annual Singles Day, the world's biggest online shopping day, with shoppers splurging on a variety of
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Historic opportunity to do business in India: Narendra Modi to Chinese firms
May 17, 2015, 07:20 AM ISTShanghai: Reaching out to Chinese investors, Prime Minister Narendra Modi on Saturday asked them to take advantage of the ‘winds of change' in India with a much more transparent, responsive and stable regulatory regime, even
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Alibaba in talks to invest $1.2 billion in Micromax
May 11, 2015, 11:52 AM ISTChinese e-commerce giant Alibaba is in an advanced talks to pick up a substantial stake in handset maker Micromax, reports suggest.For a 20 per cent stake in Micromax, Alibaba would pay $1.2 billion (about Rs
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Alibaba eyeing acquisition of Indian e-commerce firms
Apr 05, 2015, 03:54 PM ISTNew Delhi: Chinese e-commerce giant Alibaba is looking at acquisition of Indian e-tailers that have a large customer base as well as a robust network of merchants.It is also looking at firms that can help
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Alibaba will help small business, Jack Ma tells Modi
Mar 31, 2015, 04:26 PM ISTNew Delhi: Looking to expand its presence in India, Chinese e-commerce giant Alibaba's Chairman Jack Ma on Monday met Prime Minister Narendra Modi, as he came on a visit to India for the second time
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Alibaba's chairman Jack Ma meets PM Modi to help small businesses in India
Mar 31, 2015, 08:16 AM ISTNew Delhi: Looking to expand its presence in India, Chinese ecommerce giant Alibaba's Chairman Jack Ma met Prime Minister Narendra Modi, as he came on a visit to India for the second time in just
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Yahoo says it will buy back $2 billion in stock
Mar 27, 2015, 06:34 PM ISTNew York: Yahoo says it will buy back $2 billion in company stock as it prepares to spin off its stake in Chinese e-commerce company Alibaba.Investors were pushing Yahoo to use some of the proceeds
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Alibaba-Snapdeal talks fall apart on valuation
Mar 18, 2015, 06:05 PM ISTNew Delhi: The much-touted proposal of Chinese giant Alibaba's stake purchase in Indian e-commerce firm Snapdeal may have "fallen off" due to high valuations being sought by the homegrown online marketplace. The deal, which was being
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Snapdeal, Alibaba in talks for Rs. 6200 crore funding round: Reports
Mar 11, 2015, 07:58 AM ISTNew Delhi: The online retailer giant Snapdeal is in talks with Alibaba seeking a record funding round of Rs. 6200 crore ($ 1 billion).The Delhi-based marketplace seeks a combination of money and a marquee name
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Alibaba chief Jack Ma dethroned as China's richest man
Feb 04, 2015, 08:19 PM ISTNew Delhi: Alibaba founder Jack Ma has been knocked off his perch as China's richest man by "new energy king" Li Hejun, according to the Hurun's 2015 Global Rich List. Li, the chairman of China's largest
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China accuses Alibaba of selling fake goods
Jan 28, 2015, 11:48 AM ISTBeijing: Chinese regulators have accused e-commerce giant Alibaba of allowing sales of fake and shoddy goods and other mismanagement in a report that was withheld until now to avoid disrupting its U.S. stock market debut.The
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CII, Alibaba to provide global platform to Indian SMEs
Jan 21, 2015, 04:52 PM ISTNew Delhi/Beijing: The Confederation of Indian Industry (CII) and Alibaba.com have signed an agreement for building greater engagement of India-China small and medium enterprises (SMEs)."India is one of the key markets for Alibaba.com. We are
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Alibaba eyes Rs 3,150 crore stake in Paytm parent One97
Jan 12, 2015, 10:45 AM ISTNew Delhi: China's Alibaba Group Holding and its unit Alipay are in advanced talks to buy a stake for about $550 million (Rs 3,150 crore) in India's One97 Communications, which owns Paytm, an e-commerce payment
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Jack Ma: Alibaba is not as powerful as people think
Jan 06, 2015, 11:57 AM ISTBeijing: Alibaba's founder Jack Ma today warned that the e-commerce giant that made waves across the world in 2014 winning the eye popping record IPO of USD 25.1 billion, faced increased risks in 2015 and
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India e-commerce mart awaits more billion dollar babies in 2015
Dec 31, 2014, 02:58 PM ISTNew Delhi: From Amazons of the world to Chinese Alibabas to desi Flipkarts, everyone wants to have a pie of the burgeoning e-commerce market in India and consumers are not complaining with sweet sale deals
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'Alibaba founder Jack Ma biggest billionaire gainer of 2014'
Dec 17, 2014, 01:42 PM ISTNew Delhi: Alibaba founder and executive chairman Jack Ma is this year's biggest financial gainer as the billionaire entrepreneur's fortune has swelled by a whopping $18.5 billion this year to $29.2 billion, a report says.According