Alibaba

Paris 2024 will take place from 26 July to 11 August and August 28 to 8 September next year and it is expected to draw 10,500 Olympic athletes  New Delhi: Luxury retail giant LVMH has become a premium partner of...

The e-commerce major divested its remaining 3.3 per cent direct stake in One97 Communications, which operates under the Paytm brand New Delhi: Chinese e-commerce major Alibaba on Friday divested its remaining 3.3 per cent direct stake in One97 Communications, which operates...

Chinese group Alibaba sold 2,59,930 shares of Paytm at Rs 535.90 worth Rs 13.93 crore New Delhi: Chinese conglomerate Alibaba is learnt to have sold a 3.1 per cent stake - nearly half of its direct shareholding -...

Alibaba group firm Ant Financial has not diluted its stake in Paytm and continues to hold 25 per cent of the company New Delhi: Chinese conglomerate Alibaba is learnt to have sold a 3.1 per cent stake - nearly half...

China continues to report year-on-year surge in retail sales as the country’s economy rebounds due to rising domestic demand, according to GlobalData, a leading data and analytics company. Ankita Roy, Retail Analyst at GlobalData, says: “China’s relative success in containing...

Community group buying is revolutionising the grocery e-commerce space in China. Disruptive brands like Furong Xingsheng and Nice Tuan are garnering major traction by cracking the long-standing conundrum around e-commerce for fresh produce and have raised multi-millions in funding...

Alibaba Group Holding Limited announced it will invest approximately US$ 3.6 billion in respect of Sun Art Retail Group Limited, a leading hypermarket and supermarket operator in China, that will raise its aggregate direct and indirect stake to approximately...

It’s been three months since the World Health Organisation declared the COVID-19 outbreak to be a ‘Public Health Emergency of International Concern’. Despite continued efforts by governments and organisations across the world, the virus continues to spread unabated. With...

Most of the top 25 publicly traded global retailers by market capitalization (MCap) reported quarter-on-quarter (QoQ) declines for the first quarter (Q1) ending 31 March 2020, with Amazon and JD.com being exceptions, according to GlobalData, a leading data and...

Data gathered by Learnbonds.com shows that Chinese internet company Alibaba registered 9.3 percent lower profits compared to United States’ Amazon. The data further shows that there is a significant gap in revenues between the two companies by at least...