Elevation Capital sells Rs 964 crore Paytm Shares via block dealsOver the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sel...
24 May, 2026, 10.15 AM IST
Elevation Capital offloads around Rs 964 crore worth of shares in PaytmElevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early invest...
23 May, 2026, 03.37 PM IST
Chinese billionaire overhauls AI startup after warning on ManusFollowing Meta's Manus acquisition fallout, MiroMind founder Chen Tianqiao is implementing strict firewalls between his Chinese and US busi...
28 Apr, 2026, 05.31 PM IST
Ant Financial to net nearly 6X return on investment from Zomato parent stake saleAnt Financial, an Alibaba affiliate, plans to sell its remaining stake in Eternal. This sale will occur through block deals. The deal is ex...
06 Aug, 2025, 09.56 PM IST
Alibaba's China ecommerce platforms to accept Tencent's Wechat PayAlibaba is affiliated with the Jack Ma-founded Ant Group's Alipay, which is WeChat's main rival for online payments in China. Tencent has a...
04 Sep, 2024, 02.38 PM IST
Alibaba affiliate may sell 1.54% stake in ZomatoAntfin Singapore, part of Alibaba Group, arranged to sell a 1.54% stake in Zomato on Tuesday through block deals, anticipating raising arou...
20 Aug, 2024, 07.29 AM IST
New York judge rules against Alibaba in Squishmallows counterfeit sales lawsuitA New York court ruled against Alibaba in a lawsuit brought by a U.S. toymaker over alleged counterfeit sales of Squishmallows on Alibaba's...
28 Dec, 2023, 10.22 PM IST
Jack Ma becomes a teacher again. Here's all about his latest jobJack Ma, the billionaire, has accepted a teaching post at a university in Hong Kong.
22 Apr, 2023, 05.55 PM IST
Ant, Alibaba plan for less intertwined future after China crackdownIn moves that would have been inconceivable two years ago, the affiliates have started to restrict access to each other's services, compete...
22 Jun, 2022, 08.58 AM IST
Jack Ma makes rare visit to Alibaba headquarters in HangzhouThe billionaire has kept an extremely low profile since delivering a speech in October in Shanghai criticising China's financial regulators...
10 May, 2021, 06.32 PM IST
Alibaba CEO says China's draft anti-monopoly rules 'timely and necessary'China's move to draft rules aimed at preventing monopolistic behaviour by internet platforms is "timely and necessary", Alibaba Group CEO D...
23 Nov, 2020, 11.35 AM IST
Alibaba beats quarterly sales estimates on e-commerce strengthSales from Alibaba's core e-commerce business rose 29 per cent to 130.92 billion yuan in the reported quarter.
05 Nov, 2020, 06.38 PM IST
BigBasket receives $200 million in a round led by AlibabaAs per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplie...
02 Feb, 2018, 10.24 AM IST
Alibaba, Ant Financial, SAIF executives join Paytm Ecommerce boardThe platform has rolled out exclusive brands and has initiated partnerships for its offline to online programme under the Paytm Mall initia...
29 Apr, 2017, 02.00 AM IST
Alibaba staff from China working on Paytm ‘integration’Alibaba said it was natural for the company to work closely with partner Paytm, even as its spokesperson dismissed the integration news.
03 Nov, 2016, 02.58 PM IST
Alibaba launches Internet bank to lend to SMEsMYbank, which is 30 per cent owned by Alibaba's affiliate Ant Financial Services, will offer loans of up to five million yuan, the company ...
25 Jun, 2015, 11.08 PM IST
Alibaba Group isn’t too big to fail, says chairman Jack MaAlibaba will develop markets in rural areas, improve its ability to harness large amounts of data and expand cloud computing, Ma said.
12 Feb, 2015, 04.01 AM IST