Alibaba

The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their...

Chinese e-commerce giant Alibaba's 11.11 Global Shopping Festival, an annual sales event held on November 11, will witness the participation of over 140,000 brands this year, the firm said. "Over 140,000 brands will participate in this year's 11.11 festival, offering...

BRICS countries account for 47 per cent of the global online retail sales surpassing US $876 billion in 2016, a new study revealed on Thursday. According to the study released by the Ali Research Institute affiliated with China's e-commerce giant...

Alibaba-backed Chinese food delivery firm Ele.me will take over the food delivery unit of search engine giant Baidu for US $800 million. In a short statement announcing the news, Baidu said that Xiaodu is now a subsidiary of Rajax and...

Digital payments major Paytm may join forces with its investor Alibaba to pick up a minority stake in online grocery retailer BigBasket for about US $200 million, according to sources close to PTI. According to a PTI report: The companies...

Alibaba Group Holding Limited (NYSE: BABA) announced that it will invest approximately US $1 billion to increase its stake in Lazada Group, the leading e-commerce platform in Southeast Asia, from 51 per cent to approximately 83 per cent. This transaction demonstrates the...

The world around us moves at a relentless pace. Change is constant and while it can sometimes be scary, it isn't going away. Constant flux is the new normal and India's retail industry must evolve to establish new forms of relevance. It isn't surprising to...

India’s e-commerce industry has witnessed a major breakthrough in the last few years. Increasing Internet penetration, safe and secure payment modes along with aggressive marketing strategies have all played a significant role in the booming e-commerce sector. With digitization...

Chinese e-commerce firm Alibaba on Monday announced that it is launching new sales channels in Singapore, Malaysia, Hong Kong and Taiwan, in an effort to gather new users in the region. In Hong Kong, Alibaba will expand its product categories...

Alibaba Cloud, the cloud computing arm of Chinese e-commerce company Alibaba Group, on Saturday announced that it will open its first data centre, by early next year, in India, which has the world's second-largest internet using population. The data centre...