alibaba group plans to invest 200 million in bigbasket online grocery

Alibaba Group Plans to Invest $200 Million in BigBasket Online Grocery

Company Mohit Shah - Dec 11, 2017

Alibaba Group Holding Ltd., China’s e-commerce giant, is set to invest about $200 million in India’s largest online superstore, Bigbasket, leading a $280 million funding round in the start

alibaba acquires chinese online ticketing platform damai

Alibaba acquires Chinese online ticketing platform Damai.cn

Company Vinay Mishra - Mar 21, 2017

Marking a further push into entertainment, Alibaba is set to fully own Damai.cn, which has millions of registered users and has sold tickets for more than 1.8 million events worldwide.

indian startup paytm goes global with services launching in canada

Indian startup Paytm goes global with services launching in Canada

Company Vinay Mishra - Mar 17, 2017

Alibaba-backed Paytm, an online digital wallet maker with a current user base of over 200 million has launched mobile payment services in Canada.

alibabas ant financial acquires moneygram in an 880 million deal

Alibaba's Ant Financial acquires MoneyGram in an $880 million deal

Company Himanshu Gill - Jan 27, 2017

E-commerce giant Alibaba’s digital finance company, Ant Financial, announced that it will be acquiring the US-based money-transfer company, MoneyGram International for $880 million.

alibaba sues two vendors for selling fake watches in china

Alibaba sues two vendors for selling fake watches in China

Company Himanshu Gill - Jan 05, 2017

Chinese e-commerce giant Alibaba said it is suing two vendors for selling counterfeit goods, weeks after it was blacklisted by a US industry watchdog.

us blacklists alibaba as notorious markets for selling counterfeit goods

US blacklists Alibaba as ‘Notorious Markets’ for selling counterfeit goods

Market Himanshu Gill - Dec 22, 2016

The US government has again blacklisted China’s e-commerce giant Alibaba as “notorious markets” for selling fake or counterfeit products.

alibaba shatters its own sales record on singles day

Alibaba Shatters its Own Sales Record on Singles Day

Business Himanshu Gill - Nov 15, 2016

Around 82% of the sales accounting up to $14.6 billion were made from mobile devices. Alibaba is said to have expected sales over $20 billion this year, as in 2015 it had hit the previous year’s

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