Alibaba’s Ant Financial to raise $1 bn to invest in SE Asia
The fund will invest in payments and fintech startups in Southeast Asia and India...
Tag : Alibaba
Alibaba to raise around $12.9 bn in Hong Kong
Alibaba will issue 500 million shares and will price them at a 2.8% discount to their last closing price in New York...
Chinese robotics startup Geek Plus leads logistics revolution
Geek Plus deployed 7,000 robots and completed more than 200 smart logistics projects across four continents...
Lazada becomes the most popular e-commerce platform in growing Southeast Asian markets
Its popularity comes despite an overall decline in visits to the site in the first quarter, according to iPrice report...
Alibaba and Cainiao make strategic investment in ZTO Express
ZTO investment to tap New Retail opportunities and further digitalise China's logistics industry...
Alibaba-backed DFTZ project attracts SMEs in e-commerce
The number of SMEs in the project has increased from 1,972 to 2,651 and targets a reach of 10,000, says Minister of International Trade and Industry Mustapa Mohamed...
Alibaba sues Alibabacoin over trademark infringement
The filed lawsuit seeks to end further infringement in addition to ‘compensatory, punitive and triple damages’ for defying federal and New York law...
Alibaba Cloud makes strategic expansion plan in Asia through its local data centers
The company has opened its first data center in Jakarta...
Paytm-Snapdeal merger, SoftBank to invest US$1bn
The all-stock merger between the two companies is a suitable deal, say industry experts...
Alibaba Cloud extends coverage to enable Indian enterprises
New data center adds to global coverage and provides world-leading capabilities to key market...