Tuesday, Nov 29, 2022
International Finance

Tag : Alibaba

Business Leaders

‘Lazada and Alibaba partnership will bring significant synergies’

Giovanni Puglisi Interview with Riccardo Basile, Chief Commercial Officer of Lazada Group June 6, 2016: Lazada is Southeast Asia’s undisputed retail giant. However, data by Rocket Internet, the Germany-based company behind Lazada, reveals that despite strong revenues, the e-commerce giant has struggled to generate profit. The company’s latest financial results show €275 million in revenue...
Business Leaders

SoftBank to sell Alibaba shares, raise $7.9 billion

But will continue to be the largest shareholder of the ecommerce giant June 3, 2016: Japan’s SoftBank announced that it will sell at least $7.9 billion in shares of China-based ecommerce giant Alibaba to raise capital. Softbank is Alibaba’s largest shareholder. It owns about 32 percent of the shares. The transactions will bring the figure...
Fintech

Is anyone keen on Yahoo earnings?

What will be of interest will be some sort of news on the bidders’ front IFM Correspondent April 19, 2016: Yahoo is all set to announce its first quarter earnings on Tuesday April 19. But perhaps, this is the first time in its history that not many will be keen on its top line or...
Fintech

M-commerce set to leave e-commerce behind

However, companies need to invest more in mobile commerce to make the experience seamless for consumers Suparna Goswami Bhattacharya July 22, 2015: In the last decade, the one revolution that has taken everybody by storm is probably the evolution of mobile phones. From a device meant for making and accepting calls to a multipurpose gadget,...