Alibaba

Ant Financial Raises $14 Billion in Largest-Ever Single Fundraising Round

Reuters | Saturday June 9, 2018

Ant said it would use the funds to speed up globalisation plans for its Alipay payment platform and to invest in developing financial technology.

Mega Walmart-Flipkart Deal Announcement Likely Today

Business | Agencies | Wednesday May 9, 2018

The Flipkart investment could be Walmart's biggest deal in almost two decades and strike a blow against rival Amazon.com Inc.

Xiaomi Files for Hong Kong IPO, Listing Could Value It at $100 Billion

Reuters | Thursday May 3, 2018

The listing could value the Xiaomi at up to $100 billion and would be the biggest Chinese tech IPO since Alibaba Group Holding raised $21.8 billion in 2014.

Smartphone Maker Xiaomi Files For World's Biggest IPO Since 2014

Business | Agencies | Thursday May 3, 2018

Xiaomi's IPO will be one of the first in Hong Kong under new rules which began on Monday in an effort to attract more tech listings.

China's JD.com Looks to Silicon Valley Center for Innovation

Associated Press | Monday April 30, 2018

Dr. Hui Cheng, the head of robotics research at JD.'s Silicon Valley Research Center, recently spoke with The Associated Press about the priorities of the lab.

Alibaba Said to Acquire Chipmaker Hangzhou C-SKY to Aid Internet of Things Business

Reuters | Friday April 20, 2018

The announcement comes days after the US banned American firms from selling chips and other components to ZTE for seven years.

Jack Ma Says Alibaba 'Doing a Lot of Research' on Driverless Cars

Agence France-Presse | Thursday April 19, 2018

Both Baidu and Chinese tech giant Tencent are pursuing the technology, stirring speculation about Alibaba's plans.

Chinese E-Commerce Giant Alibaba Sets Plans for Thailand

Associated Press | Thursday April 19, 2018

The founder of the online shopping giant, Jack Ma, met with Thailand's prime minister, Prayuth Chan-ocha, on Thursday and later signed several agreements.

Alibaba's Jack Ma Says Trade War Like Treating Flu With Chemotherapy

World News | Press Trust of India | Tuesday April 10, 2018

Chinese e-commerce giant Alibaba Group founder Jack Ma has said that it was normal for the world's two largest economies to have problems with trade but tackling them with a trade war is just like treating a flu with chemotherapy.

Alibaba's Jack Ma Urges Facebook to Fix Privacy Issues

Reuters | Tuesday April 10, 2018

Jack Ma, founder of Chinese e-commerce giant Alibaba, on Monday, urged Facebook to resolve its data privacy problems.

Alibaba's Jack Ma Challenges Mark Zuckerberg To "Fix" Facebook

World News | Bloomberg | Tuesday April 10, 2018

Jack Ma, the billionaire co-founder of Chinese e-commerce giant Alibaba, urged Mark Zuckerberg to tackle the growing criticism aimed at Facebook Inc. by regulators and users around the world, and "really take it seriously."

Spotify IPO Sees It Valued at $26 Billion in Record-Setting Direct Listing

Reuters | Wednesday April 4, 2018

Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming.

Paytm Mall Announces Funding From SoftBank, Alibaba

Gadgets 360 Staff | Tuesday April 3, 2018

Paytm Mall has raised about Rs. 2,900 crores in its latest round of funding led by SoftBank and existing investor Alibaba.

If You Want To Test Drive A Car In China, Head To This Vending Machine

Offbeat | NDTV Offbeat Desk | Tuesday March 27, 2018

Chinese e-commerce giant Alibaba has tied up with American automaker Ford to unveil a car vending machine. Alibaba says it wants to make "buying cars as easy as buying a can of Coke" and claims the vending machine will allow customers to pick up a car to test drive in less than 10 minutes and without any help from a human being. The five-floor high...

How Dotcom Survivors Built A $950 Million Startup In India

India News | Saritha Rai, Bloomberg | Wednesday March 21, 2018

Tech startups are typically founded by young entrepreneurs with more passion than experience. This is as true in India as it is in Silicon Valley. Then there's Bigbasket, whose founders are veterans of the dotcom bust and mostly north of 50.