Articles about Alibaba Group

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.

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

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

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.

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

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

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.

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

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

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.

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.

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

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".

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

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.

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.

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.

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

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

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

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.

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

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."

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.

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.

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.

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.

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.

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.

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

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.

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

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

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

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

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.

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

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.

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.

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.