DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
03 Jun, 2026, 09.46 AM IST
China's Tencent to allow PayPal payments through its WeChat networksChinese tech giant Tencent is enabling PayPal users to pay with QR codes across China through its WeChat Pay network. This move aims to att...
28 May, 2026, 12.23 PM IST
SpaceX debut draws a crowd, but few recent hot IPOs outpace the marketWall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have ...
26 May, 2026, 08.09 PM IST
US Stock Market: SpaceX, OpenAI IPO excitement revives debate over lofty valuationsA Reuters analysis of the 50 largest IPOs over the past five years found that most underperformed the S&P 500 despite strong debut enthusia...
26 May, 2026, 09.46 AM IST
Alibaba to exceed planned AI spending and says margin is secondaryAlibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly...
13 May, 2026, 07.26 PM IST
Alibaba quarterly revenue rises on cloud demand, ecommerce growthAlibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...
13 May, 2026, 03.16 PM IST
French regulator says most e-commerce platform products it tested breach EU rulesFrance's consumer watchdog found a staggering 75% of products from online platforms failed EU safety rules. Many items were found to be dan...
29 Apr, 2026, 05.58 PM IST
Alibaba pins hopes on AI as quarterly net profit dropsNet profit plunged 66% to 15.6 billion yuan ($2.2 billion) primarily due to a "decrease in income from operations", the firm said. China's ...
19 Mar, 2026, 04.29 PM IST
Alibaba, RedNote in tie-up as China ecommerce competition intensifiesThe broadening of the strategic partnership between Alibaba and RedNote comes as China's ecommerce giants vie for market share on multiple ...
07 May, 2025, 03.22 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 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 ...
18 Sep, 2023, 12.23 PM IST
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...
30 Mar, 2023, 04.04 PM IST
Alibaba wants to cash in on online paymentsDespite the company’s investment in Paytm Mall, Alibaba's Executive Vice Chairman Joseph Tsai believes that the Indian ecommerce market is ...
01 Jun, 2018, 09.54 AM IST
CCI nod to Alibaba’s stake buy in BigBasketPaytm Mall is also likely to invest in BigBasket as part of the deal.
15 Dec, 2017, 09.20 AM IST
Alibaba may set up a technology development centre in IndiaChinese ecommerce giant Alibaba Group is evaluating options to set up a technology development centre in India in yet another global endors...
21 Mar, 2016, 09.02 AM IST
Alibaba’s B2B company Alibaba.com India revenues fall by 14% in FY15Chinese ecommerce giant Alibaba’s business-to-business company Alibaba.com India Ecommerce has reported about 14% decline in its revenue fo...
10 Dec, 2015, 03.51 AM IST
Here's why Alibaba is becoming a huge threat to Amazon and eBayE-commerce giant Alibaba set for IPO next month; fast growth and entry to US market poses threat to big online players like Amazon and eBay.
30 Aug, 2014, 03.27 PM IST