Alibaba considers yielding control of some businesses in overhaulGroup CEO Daniel Zhang said the company's breakup into separate businesses will allow its units to become more agile and eventually launch ...
China ecommerce giant Alibaba outlines future strategyAlibaba chief executive Daniel Zhang outlined details of a plan announced earlier this week to split Alibaba into six main groups as a prel...
Alibaba to decide on control over new business units after IPOsGroup CEO Daniel Zhang said the company's breakup into separate businesses will allow its units to become more agile and eventually list on...
Snapdeal's CFO Anup Vikal puts in his papersVikal led the failed acquisition talks on behalf of the ecommerce marketplace with Flipkart and was reportedly in favour of the deal going ...
Alibaba pledges overseas e-commerce focus as its China growth slowsEarlier this month, Alibaba Group Holding Ltd restructured its e-commerce business into separate China and international divisions, with th...
China's Alibaba sets $100 billion target for Southeast Asian e-commerce divisionChinese e-commerce giant Alibaba has set a target for gross merchandise volume of $100 billion in gross merchandise volume (GMV), the total...
Alibaba appoints new CFO, reshuffles e-commerce businessesChina's largest e-commerce group Alibaba is appointing a new chief financial officer and reorganizing its e-commerce businesses amid a regu...
Alibaba overhauls ecommerce businesses, appoints new CFOAlibaba said it would form two new units to house its main ecommerce businesses - international digital commerce and China digital commerce...
Paytm promotes Vikas Garg as deputy CFORecently Paytm had elevated its CFO Madhur Deora as a president in the company giving him expanded roles and responsibilities. The Softbank...
Paytm Mall closes down warehouses to cut costsThis will help the sellers on its platform to use local courier services for delivery.
Ecom Express sees revenue growth slow in fiscal 2018Ecom Express saw its revenues grow slower for financial year 2017-18 at Rs 578 crore, a 17 % jump since last financial year, when the compa...
Paytm launches ‘PayPay’ mobile wallet in Japan in JV with SoftBank, Yahoo JapanPaytm is also offering a ‘cashback’ to users of PayPay in Japan, a concept which the SoftBank and Alibaba-backed company has been pushing a...
Paytm in discussions to buy UCWeb’s India bizOver the past few weeks, top executives of the companies have met to discuss the acquisition. For Paytm, CFO Madhur Deora is leading the di...
Paytm acquires TicketNew parent in a bid to fortify its ticketing bizFor Paytm, which is aiming to sell 100 million tickets in 2018, TicketNew’s acquisition will add over 600 screens across Tamil Nadu, Kerala...
Alibaba guides for 45-49% growth in FY18, Investors thump in cheerThe e-commerce and data giant, which is seeking to expand new business lines in artificial intelligence, has seen its stock rise over 40 pe...
Snapdeal to hire Aircel CFO Anup Vikal as finance headSnapdeal.com is set to hire Anup Vikal, the current chief financial officer (CFO) of mobile network operator Aircel, as its new finance hea...
Alibaba CEO Jack Ma may put $15.4 billion in Yahoo’s pocketKenneth Goldman, Yahoo’s CFO, recently told investors that Yahoo would likely sell 10% of Alibaba and hold on to 14%.