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Latest Articles in alibaba

Alibaba May Acquire Pakistani Rocket Internet Ecommerce Startup Daraz

Is it coincidence that Alibaba’s interest in Pakistan comes when Beijing has financed Pakistani infrastructure projects worth about $60 billion as part of Chinese Belt and Road trade initiative?

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Samsung Ventures Invests $4.6M in Audioburst, Alibaba to Buy Ele.me, Synctag Gets Series A, Fitternity Bags Over $2M & More

Pune-based housing finance startup Altum Credo has received a commitment of Rs 64 crore from leading impact investor Aavishkaar Ventures and a group of HNIs

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ofo Raises $866M in Latest Funding Round Led by Alibaba

As a precedent of asset mobilization in the bike-sharing industry, ofo uses a combination of debt and equity financing for this round. ofo will drive long-term success independently with the continuing support of leading investors.

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bigbasket Raises $300M Funding Led by e-tailer Alibaba

The company plans to use the investment to build farmer networks, expand deeper into existing cities, and become the most preferred employer for blue-collar jobs

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Sequoia Capital Plans USD 8 Billion Global Fund, Eyes China Investors

"There is so much money now (in the tech sector). You need to have a bigger war chest," said a Hong Kong-based investment banker familiar with Sequoia's strategy

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Alibaba Launches $15B Overseas R&D Drive

China's top e-commerce firm, Alibaba Group Holding Ltd, is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce, logistics and cloud technology.

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Minjar Raises Fresh Funds; Vivriti Capital to Raise Rs 650-700 Cr; Team Indus Plans $40M Fund; Ofo Gets $700M Led by Alibaba & More

ETechAces Marketing and Consulting, which owns online financial services marketplaces PolicyBazaar and PaisaBazaar, is looking to raise Rs 500 crore from Wellington Management, one of the world's largest asset management companies with $1 trillion under management.

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Alibaba to Invest $1B in Lazada; Arianna Huffington Launches Wellness Platform & Karnataka Gov Grants Rs 3.18 Cr to 12 Startups

Goa-based Casino Pride Group has bought a 30% stake in OceanKing Software Solutions LLP, the Mumbai-based company that owns and operates online gaming startup Baadshah Gaming, for an undisclosed amount.

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Paytm's Acquisition of Insider.in is Probably Bad News for BookMyShow

Paytm and Alibaba units are tagging team to dominate BookMyShow and every other conceivable fintech player

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