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ALIBABA TRENDYOL
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...
- Trendyol, Baykar CEO, ADQ and Ant International to develop fintech platform in TurkeyThe four parties signed a memorandum of understanding to form a platform that would provide services including digital payments, loans, dep...
- Top online retailers like Ajio, Reliance halt sale of Turkish brandsMyntra and Reliance's Ajio have ceased selling Turkish apparel brands due to boycott calls stemming from Turkey's support of Pakistan durin...
- Cooking up a deal: DoorDash's Europe push is fraught with challengesDoorDash is making a significant push into Europe with the $3.9 billion acquisition of Deliveroo, expanding its reach to 40 countries. Mean...
- Myntra secures $54 million fund infusion from parent FlipkartMyntra has been attempting to enhance its portfolio of international brands collections, with premium offerings showing fast growth. This a...
- Myntra appoints Shoppers Stop's Venu Nair as chief of strategic partnerships and omnichannelNair joins Myntra from offline shopping chain Shoppers Stop, where he was the managing director and chief executive officer for about three...
- Turkish e-commerce company Trendyol may go exclusive on MyntraTrendyol, the Turkish e-commerce company owned by internet giant Alibaba will delist its products on Reliance Ajio and Nykaa, opting instea...
- Alibaba tells Erdogan it plans to invest $2 billion in TurkeyMichael Evans, president of Alibaba Group Holding, said Alibaba had already invested $1.4 billion in Turkey through its unit Trendyol, one ...
- European shares flat; London leads on oil boostEuropean shares struggled to maintain momentum on Monday after posting gains last week, as markets faced consolidation. The pan-European ST...
- Alibaba’s global online commerce arm weighs a US IPOGlobal online shopping unit includes Lazada, AliExpress, and has been valued by analysts at $39 billion.
- Alibaba plans for new normal of low growth as crackdown bitesChief Executive Officer Daniel Zhang sketched out on Thursday how China’s e-commerce leader will now prioritize user retention over acquisi...
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