Articles about Alibaba Group

30 Nov 2022

Jack Ma
Jack Ma living in Tokyo since Chinese crackdown on companies

Jack Ma, Chinese billionaire and the founder of Alibaba, has reportedly been living in Japan's Tokyo city for approximately six months, according to Financial Times reports on Tuesday.

18 May 2022

Jack Ma
Paytm Mall's valuation down 99% after Alibaba, Ant Financial's exit

Paytm Mall, One97 Communications' e-commerce arm, saw a significant drop in valuation as its key backers Alibaba and Ant Financial exited the firm.

20 Jan 2021

Alibaba's Jack Ma, 'missing' for months, makes first public appearance

After months of being "missing," Alibaba and Ant founder Jack Ma has finally made a public appearance.

04 Jan 2021

Alibaba founder suspected to be missing after criticizing Chinese government

Chinese billionaire Jack Ma has not been seen in public for more than two months now, a development that has sparked questions about his whereabouts.

18 Sep 2020

Google removes Paytm from Play Store: Here's why

Paytm, one of India's most valuable start-ups, has suffered a major setback.

16 Sep 2020

Chinese giant Tencent pumps money into Flipkart: Details here

Chinese tech giant Tencent is pumping money into Flipkart, India's leading online shopping platform.

05 Sep 2020

Narendra Modi
All you need to know about Akshay Kumar's FAU-G game

Just days after the Indian government placed a fresh ban on more than 100 Chinese apps including the popular battle royale game PUBG amid escalated tension in Ladakh, a made-in-India alternative has been announced.

27 Aug 2020

NewsBytes Briefing: Jeff Bezos is now worth $200bn, and more

In the updates since last night, Jeff Bezos, the richest person in the world, became richer than ever.

17 Aug 2020

NewsBytes Briefing: Trump may ban Alibaba, other Chinese companies

Over the weekend, a lot happened in the world of technology.

27 Jul 2020

India mulls ban on 275 more Chinese apps, including PUBG

Weeks after banning as many as 59 applications from China over safety concerns, India has put 275 more apps from the neighboring nation on its radar.

26 Jul 2020

Jack Ma summoned by Indian court over censorship allegations

China's Alibaba and its billionaire founder Jack Ma have both been summoned by an Indian court over allegations of censoring content and spreading fake news.

17 Jul 2020

NewsBytes Briefing: FBI probes Twitter hack; Netflix gets new CEO

In the last few hours, several developments have been reported from the world of technology.

16 Jul 2020

India begins questioning of owners of banned Chinese apps

Late last month, India's Information Technology Ministry banned 59 Chinese applications, deeming them "prejudicial to sovereignty and integrity of India, defense of India, security of state and public order".

11 Jun 2020

China orders Weibo to disable some features: Here's why

Chinese microblogging platform Sina Weibo has been ordered to disable some of its features for a week.

17 May 2020

Mukesh Ambani
Jio Platforms raises Rs. 6,598 crore from General Atlantic

Jio Platforms, the entity holding telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 6,598 crore ($869.8 million) from US-based private equity firm General Atlantic.

04 May 2020

Mukesh Ambani
Jio Platforms gets Rs. 5,655 crore investment from Silver Lake

Jio Platforms, the entity housing telecom and digital businesses of Mukesh Ambani-led Reliance Industries, has picked up Rs. 5,655 crore ($747 million) in investment from US-based private equity firm Silver Lake.

09 Apr 2020

Big Basket raises $60mn to meet demand surge amid lockdown

Big Basket, one of India's biggest hyperlocal grocery start-ups, has raised $60 million as part of a bridge-round of funding from Alibaba and others.

17 Feb 2020

Amid coronavirus outbreak, China resorts to online classes

The outbreak of coronavirus has hit all aspects of daily life in China, including the education system.

24 Jan 2020

Alibaba launches Yoli, a 'social-commerce' app to bag online deals

In a bid to expand its footprint in India, Chinese giant Alibaba has launched a new social commerce app called Yoli.

04 Jan 2020

Logistics start-up XpressBees raises $10 million from Alibaba

Pune-based XpressBees has raised $10 million in funding from existing investor Alibaba, according to regulatory filings of the company.

18 Sep 2019

San Diego
This life-sized Lego Iron Man took 255 hours to build

Iron Man may be long gone but his Lego-cy lives on. Okay, that was a bad pun, but you wouldn't be as disappointed to learn that the toy company LEGO has set up a life-sized structure of Tony Stark's Iron Man and it's made entirely out of Lego pieces.

10 Sep 2019

#AnEraEnds: Alibaba co-founder Jack Ma hangs up his boots

After spending two decades at Alibaba's helm, Jack Ma stepped down as Chairman of the e-commerce giant on Tuesday, his 55th birthday.

14 May 2019

Jack Ma
Jack Ma advises married-employees: "Sex for six days, six times"

Alibaba founder Jack Ma stoked up controversy recently after he advised his married employees to follow "669," that is, "Sex for six days, six times, with duration being the key."

29 Jan 2019

Customer demands dress-pictures, seller sends of himself wearing them

Living in a world where people have received bricks instead of a smartphone they paid for, people are bound to get skeptical while shopping online.

15 Sep 2018

Xiaomi creates new managerial positions to foster leadership

Amid increased scrutiny of governance and succession in mega Chinese tech firms, smartphone maker Xiaomi has announced that it is looking to create new managerial positions to build a second tier of leadership under CEO Lei Jun.

10 Sep 2018

Hollywood News
Alibaba co-founder Jack Ma to step down in September 2019

Alibaba co-founder Jack Ma, one of the world's richest business executives, has announced that he will step down as the executive chairman of Alibaba in September 2019.

09 Sep 2018

South Africa
Alibaba's Jack Ma isn't retiring, will announce his succession plans

Refuting an NYT report which claimed Jack Ma would be retiring from Executive Chairmanship of Alibaba group on Monday, South China Morning Post, a newspaper owned by the company, reported on Sunday that he would instead unveil his succession plans.

08 Sep 2018

Bill Gates
End of era: China's richest man Jack Ma announces retirement

Jack Ma, who serves as Executive Director of Alibaba, a company he founded in 1999 has announced his retirement. The business magnate will retire on Monday, September 10, according to reports.

27 Aug 2018

Warren Buffett set to invest Rs. 2,000+ cr in Paytm

If reports are to be believed, Warren Buffett's Berkshire Hathaway are in talks with Paytm parent company, One97 Communications to invest around Rs. 2,200-2,500cr ($300-350mn) in the digital payments company.

13 Jul 2018

Mukesh Ambani overtakes Jack Ma to be Asia's richest person

India's richest man, Mukesh Ambani, has now become Asia's richest man, overtaking Alibaba Group founder Jack Ma.

13 Jun 2018

Paytm Mall receives $225 million in funding from SoftBank, Alibaba

Paytm Mall, the independent e-commerce arm of digital payments platform Paytm, has received $225 million (Rs. 1509 crore) from Japan's SoftBank and China's Alibaba as the second and final tranche of its latest round of funding.

03 May 2018

Xiaomi files for the biggest Chinese tech IPO since 2014

Chinese consumer electronics company Xiaomi has filed for an initial public offering (IPO) in Hong Kong Exchanges and Clearing (HKEX).

25 Apr 2018

Chinese tech firms apologize for sexist job adverts

Chinese tech firms are under scanner after a recent Human Rights Watch (HRW) report slammed them over gender-discriminatory job ads.

26 Mar 2018

Ford and Alibaba launch car vending machine in China

Ford and Chinese tech giant Alibaba have partnered to launch a car vending machine, called the Super Test Drive Center, in Guangzhou, China.

08 Mar 2018

Saudi Arabia
AR start-up Magic Leap raises $461 million from Saudi government

Florida-based augmented reality (AR) startup Magic Leap has raised $461 million in the second phase of its series D funding round.

01 Mar 2018

Zomato raises Rs. 977cr from Alibaba-unit Ant Financial Services

Restaurant discovery and online food-ordering platform, Zomato, announced it has raised $150mn (Rs. 977cr) in a fresh funding round from Ant Financial Services Group, one of the world's leading digital financial services providers.

08 Feb 2018

UC Browser launches latest version in India; crosses 130mn users

Chinese tech giant Alibaba-owned UCWeb has announced a new version of its UC Browser in India, called UC Browser 12.0.

03 Feb 2018

China's Alibaba leads BigBasket's $300-million funding round

Online grocery start-up BigBasket has raised $300 million in Series-E funding which was led by China's Alibaba Group. This is the largest investment raised by the company so far.

12 Nov 2017

Singles' Day: Alibaba generates $25.3bn sales; more than Iceland's GDP

Chinese e-commerce giant Alibaba's Singles' Day on 11th November saw the company make around 168.2 billion yuan ($25.3 billion) in sales - more than Iceland's GDP - in just 24-hours.

03 Nov 2017

China's online-shopping boom continues, Alibaba has an 'outstanding quarter'

Chinese e-commerce giant Alibaba Group posted stronger-than-expected third-quarter results with a massive jump in revenue as the online shopping boom continues in China.