Alibaba's Singles' Day: Jack Ma's company rakes $1 billion in first five minutes
Gross merchandise volume, Alibaba's key measure of online sales, had overtaken last year’s total of 91.2 billion yuan ($13.4 billion) by 3:20 pm (0720 GMT), the firm said -- with more than $1 billion spent in the first five minutes.
Nov 11, 2016, 16:24 PM IST
China e-commerce giant Alibaba`s quarterly revenue leaps 39%
Chinese e-commerce giant Alibaba`s revenue surged 39 percent year-on-year in the first three months of 2016, the company said Thursday, its fastest growth in the last four quarters.
May 05, 2016, 18:26 PM IST
Alibaba financial affiliate valued at $60 billion: Reports
China`s top internet finance company, e-commerce giant Alibaba`s affiliate Ant Financial, could start the process of going public this year, reports said Monday, with the firm`s latest fundraising valuing it at $60 billion.
Apr 18, 2016, 21:13 PM IST
Alibaba buys nearly 33 million shares of Groupon
Alibaba has bought nearly 33 million shares of online daily deal service Groupon.
Feb 16, 2016, 22:41 PM IST
Alibaba.Com aims to more than double India user base
Alibaba group's B2B arm Alibaba.Com Monday said it aims to more than double its user base in India over the next few years through on-boarding of over 5 million businesses on its wholesale trading platform.
Dec 07, 2015, 21:36 PM IST
Paytm eyes Rs 500 crore revenue from hotel bookings
Digital payments company Paytm has expanded its platform to allow customers to make hotel bookings and expects revenue of Rs 500 crore from the service over the next six months.
Oct 18, 2015, 18:57 PM IST
China`s Alibaba to take $4.6 bn stake in retailer Suning
Chinese Internet giant Alibaba is to pay 28.3 billion yuan ($4.6 billion) for a nearly 20 percent stake in consumer electronics retailer Suning, the two companies said in a statement Monday.
Aug 10, 2015, 17:14 PM IST
Alibaba Group launches Internet bank
Chinese e-commerce behemoth Alibaba on Thursday launched an Internet bank aimed at serving small businesses which often struggle to obtain credit from large banks.
Jun 25, 2015, 17:54 PM IST
Paytm to spend Rs 500 cr on marketing this year
Mobile commerce platform Paytm Friday said it will spend Rs 500 crore on branding and marketing this year.
Apr 10, 2015, 18:38 PM IST
