Alibaba Group
E-Commerce
Alibaba sells remaining direct stake in Paytm for Rs 1,378 cr
PTI -
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...
International News
Alibaba Group unveils plans for 2020 11.11 Global Shopping Festival
Alibaba Group Holding Limited kicked off its 11.11 Global Shopping Festival with new innovations and features to meet rapidly changing consumer trends.
These include the participation of Alipay’s digital lifestyle platform; broader consumer reach and bigger promotions; ‘double’ the number...
Fashion
Tmall Luxury connects high-end brands with China’s ‘new luxury’ Gen Z consumers
Tmall Luxury, China’s leading online destination for high-end and designer brands, announced new features to bolster luxury brands’ connections with China’s Gen Z, a digital-first fashion-forward customer base that is fast becoming a driver of global luxury consumption.
Tmall Luxury...
Retail
Global Retailers in India: Moves, leaps & hurdles
India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...
Food
Alibaba to acquire full ownership of China online delivery platform Ele.me
Alibaba Group Holding Limited has announced that the company will acquire all outstanding shares that it does not already own in Ele.me, a leading online delivery and local services platform in China, in a transaction that implies the enterprise...
Food
Alibaba Group, Auchan Retail and Ruentex form new retail strategic alliance
Alibaba Group Holding Limited, Auchan Retail and Ruentex Group has announced a strategic alliance that brings together their online and offline expertise to explore new retail opportunities in China’s food retail sector.
As part of this strategic alliance, Alibaba Group...
International News
Alibaba's Singles' Day fest sale hits US $25bn
IANS -
The Chinese e-commerce major Alibaba grossed over US $25 billion in its 24-hour long 11.11 Global Shopping Festival on Saturday.
The company sold US $25.38 billion (168.2 billion Chinese Yuan) worth of goods within 24 hours of its annual sales...
Food
K Group enters into cooperation with Alibaba to open a food online store in China
K Group has entered into cooperation with Alibaba to open a food online store in China.
The aim of the cooperation between K Group and Alibaba on this project is to export Finnish food brands to the growing market in...
Retail
Alibaba.com helps resellers improve biz, expand presence in global markets
Trading platform Alibaba.com has hosted a workshop for Indian resellers of gold, jewellery and handicraft products to help improve their business and expand their presence in the global markets.
Alibaba.com is the global wholesale trading platform of Alibaba Group.
Over 350...
Food
Alibaba intensifies brick-and-mortar push with Bailian Group tie up
Alibaba Group has announced the formation of a strategic partnership with the Shanghai-based retailer Bailian Group to accelerate an effort to employ technology to shake up old-fashioned retail.
The Chinese e-commerce giant is planning to help upgrade some of Bailian’s...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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