Tag: Alibaba
After Paytm, Alibaba's Financial Arm Enters US With MoneyGram
In a bid to expand online payment business in the US after a successful run in India with Paytm, Chinese e-commerce giant Alibaba's digital payments arm Ant Financial has bought global money-transfer service MoneyGram for nearly $880 million.....
Alibaba Founder Jack Ma's 'disappearance' May Hit Indian Firms In Long Run
Call it a double whammy. First, reports surfaced in August last year that China's Alibaba Group has put on hold plans to invest in Indian companies amid geopolitical tensions between the two nations. Now, the "disappearing" act by Alibaba founder and owner of fintech venture Ant Group, Jack Ma, may have left top-notch Indian digital firms flummoxed.....
As Jack Ma Goes Missing, China Sends A Stern Message
As the news of Jack Ma, one of the most prominent billionaire business tycoons in China and co-founder of Alibaba Group going missing shocked the world, this action serves as a message to all its citizens and people around the world that it will have no tolerance for its critics.....
Alibaba Joins Fight Against Counterfeits
China's e-commerce giant Alibaba said on Tuesday that it has joined a group of 20 brands to fight counterfeit goods using data analysis.....
Chinese To Become World's Top Online Shoppers
Chinese are more likely to shop online than consumers from any other country, according to the latest survey by the International Post Corporation, a Brussels-headquartered association on postal services.....
Alibaba Launches India-specific Content Platform
Chinese e-commerce giant Alibaba on Wednesday announced the launch of an India-specific content platform -- We-Media Reward Plan 2 -- with an initial investment of Rs 5 crore, as part of its plan to invest Rs 200 crore over the next two years to drive content distribution in the country. ....
UC News Logs 100 Mn Monthly Active Users In India, Indonesia
Alibaba Group's news app UC News has crossed 100 million monthly active users (MAUs) in India and Indonesia, the company said on Tuesday.....
Alibaba's Singles' Day Fest Sale Hits $25bn
The Chinese e-commerce major Alibaba grossed over $25 billion in its 24-hour long 11.11 Global Shopping Festival on Saturday. ....
UC Browser In Line With Google's Policy Now Up On Play Store
After going off from Google Play Store for more than a week, Alibaba-owned content aggregation platform UCWeb said on Wednesday that a new version of its UC Browser is now available on Play Store.....
Hit By India Ban, Chinese App Makers Begin Laying Off Local Staff
With India banning 59 Chinese apps on June 29 amid border tensions with the neighbouring country, the affected companies have begun reducing their workforce in the country as they stare at huge losses. ....
