Alibaba Group: News
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.
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.
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.
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.
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.
#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.
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."
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
Amazon gets beaten by malls and Alibaba in Singapore
US e-commerce giant Amazon's bid to expand into Southeast Asia has landed the firm in a bit of a pickle in Singapore.
Zomato eyes $200m from Alibaba, may get the unicorn-tag back
According to reports, Zomato is currently engaged in negotiation with Alibaba and its payments affiliate Ant Financial to raise up to $200 million from them.
BigBasket eyes $200 million investment from Paytm Mall, Alibaba
According to reports, online marketplace Paytm Mall and its principal investor Alibaba has extended the exclusivity period of their negotiations with online grocer BigBasket for two weeks.
Is UC Browser leaking your mobile data?
According to the IT Ministry, UC Browser is under the scanner for allegedly sending mobile data of Indian users to Chinese servers.
Now, China cracks down on VPN vendors
China has now upped the ante by warning e-commerce platforms against selling illegal virtual private networks (VPNs).
Paytm buys majority stake in Insider.in for Rs. 35 crore
Vijay Shekhar Sharma-led Paytm has now acquired a majority stake in Insider.in for a little over Rs. 35 crore.
Marvel wants a Chinese superhero, gimmick or good business strategy?
Reportedly, Walt Disney-owned US-based publishing giant Marvel will now work alongside Beijing-based firm NetEase to create the first Chinese comic superhero in its roster.
Amazon secures patent to prevent online price comparison in stores
After recently launching its physical retail stores, Amazon has been granted a patent that will prevent consumers from using the in-store Wi-Fi to check product price listings online.
Jack Ma gains $2.8 billion in one day
The founder and executive chairman of Alibaba Group, Jack Ma became Asia's richest man and the 14th wealthiest man in the world; his net worth surged from $8.5 billion to $41.8 billion this year.
China's Internet gets more shackles added to its existing burden
China already has a strongly fortified Internet firewall in place to block elements that the government considers to be a misfit in their present scheme of things.
Will Indian e-commerce giants show profit anytime soon?
Currently, there are three major players in the Indian ecommerce space - Flipkart, Paytm and Snapdeal.
Snapdeal denies reports of Alibaba's acquisition interest
After reports sprung on China's Alibaba expressing its interest in acquiring Indian e-commerce portal Snapdeal, the Indian company denied the reports.
Alibaba's Singles' Day clocks over $5 billion in one hour
Alibaba Group's 'Singles' Day', a 24-hour shopping event held annually, garnered the online retail giant over $5 billion during the first hour of the shopping spree.
Jet.com to be acquired by Walmart for $3bn in cash
Walmart will be acquiring Jet.com — an online-only shopping site for $3 billion in cash, plus up to $300 million in shares.