MapmyIndia had a topline of Rs 70 crore during last fiscal year, which it expected to double in current financial year and profits increasi...

The sources said that Flipkart could shell out around $60 million or Rs 400 crore for a majority stake in the New Delhi-based company.

Alibaba has also invested aggressively in gaming and instant messaging, two services that hadn’t been central to Ma’s vision for Alibaba un...

Alibaba Group announced last week that it will pay $294 million for a 28% stake in a digital mapping company, AutoNavi Holdings Ltd.