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ALIBABA BUSINESS EXPANSION
BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance?Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan d...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Alibaba to raise $3.2 billion via convertible bond to fund cloud growthAlibaba plans to raise $3.2 billion through a zero-coupon convertible bond to fuel international expansion and bolster its cloud computing ...
- Alibaba to raise $3.2 billion via convertible bond to fund cloud growthAlibaba, among China's most aggressive adopters of artificial intelligence, said it would use nearly 80% of the proceeds to expand data cen...
- Alibaba misses revenue estimates, but AI boosts cloud businessAlibaba posted 26% cloud revenue growth to 33.4 billion yuan, fueled by heavy AI investment, even as weaker ecommerce sales dragged overall...
- Alibaba cancels cloud service spinoff over US chip restrictionsAlibaba's change of course follows a series of decisions by Washington to bar the export to China of powerful chips, including those from C...
- Alibaba shares dive more than 7% after cloud service called offIn a move that shocked investors, the Hangzhou-based tech giant said Thursday that US curbs on exports of advanced chips had forced it to c...
- China's Hangzhou city, Alibaba sign strategic agreementAccording to the statement, it is expected that Alibaba can expand its leading advantage in the platform economy and reinvigorate the innov...
- China asks Alibaba to dispose of media assets: WSJSuch influence is seen as posing serious challenges to the Chinese Communist Party and its own powerful propaganda apparatus, the Journal's...
- Alibaba Cloud opens second data centre in IndiaAlibaba Cloud, the cloud computing arm of Alibaba Group, has launched its second data centre in India, with a new 'availability zone' in Mu...
- At $150 billion valuation, this fintech firm is all set to dethrone Uber as world’s most valuable startupAnt Financial, in which Alibaba plans to acquire a one-third stake, controls the country’s premier mobile payments service and money market...
- Alibaba Cloud extends coverage to Indian enterprises, targets SMEAlibaba Cloud now has 33 availability zones across 16 economic centres globally, with coverage extending across China, Japan, Australia, Eu...
- Alibaba plans formal entry into Indian marketplace with fresh funding of Rs 1,700 crore in PaytmThe deal is expected to lead to a shakeout in the sector, which has witnessed a tough battle between Flipkart, Amazon and Snapdeal.
- Alibaba CEO eyes $4 trillion offline marketThe nation's biggest ecommerce company is building a network that would allow physical stores -- and the brands they sell -- to monitor tra...
- Alibaba opens second US data center in $1 billion cloud pushAlibaba opened its second data center in Silicon Valley as it invests $1 billion in its cloud computing business globally to compete for cl...
- CII, Alibaba tie up to provide global platform to Indian SMEsCII and Alibaba.com will also work jointly towards providing trainings, promoting Industry clusters for SMEs in some key business sectors.
- CII, Alibaba ties up to provide global platform to Indian SMEsAlibaba.com and CII will collaborate and develop various trade opportunities and online promotions between Indian and Chinese SMEs.
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