Alibaba boosts Singapore Post stake, invest in e-commerce unit
SingPost is seeking to boost its e-commerce business to offset weak postal revenues, and last year an Alibaba unit bought an over 10 percent stake in SingPost for $249 million.
Jul 08, 2015, 08:09 AM ISTStill an underdog, but China govt deals help Alibaba's cloud ambitions
Alibaba this week scored a minor deal with China`s northeastern port city of Dalian to build a cloud computing centre and provide online government services such as bill payment.
Jun 19, 2015, 08:27 AM IST