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Posts Tagged ‘ Alibaba.com India E-Commerce Pvt. Ltd. ’

Paytm ropes in ex-RBI exec Vipin Surelia for payments bank

Thursday, April 14, 2016 | More »

Paytm
In a major move for its proposed payments bank, One97 Communications Pvt Ltd, which runs mobile payments and commerce platform Paytm, has roped in former Reserve Bank of India (RBI) deputy general manager Vipin Surelia as vice president to spearhead its risk and compliance division. Paytm, which rai...

alibaba

Alibaba sets new Singles Day record with over USD 14 bn sales

China’s e-commerce giant Alibaba on Thursday created a new record in online sales netting USD 14.33 billion on the annual Singles Day, the world’s biggest online shopping day, with shoppers splurging on a variety of products despite the world’s second biggest economy experiencing i...

12 November, 2015 | More »

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Alibaba faces lawsuit from rival in China

A Chinese e-retailer firm has filed a lawsuit against e-commerce giant Alibaba, accusing it of using “deceptive” advertisements, setting off a major legal battle between them ahead of the Singles’ Day sale, the biggest in the year. According to Haidian District people’s court...

6 November, 2015 | More »

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Alibaba gets approval to set up private bank in China; picks 15% stake in IT firm Beijing Shiji for $457M

E-commerce giant Alibaba, which recently raised a record $25 billion from its initial public offer (IPO) on the New York Stock Exchange, has received Chinese market regulator CBRC’s approval to set up a private bank. The company has already made its footprints in the banking business with its fund...

29 September, 2014 | More »

Jack Ma

Alibaba bankers exercise green shoe option, pushes IPO to biggest ever worth $25B

Chinese e-commerce giant Alibaba closed its initial public offer (IPO) through issue of American Depository Receipts (ADR) on the New York Stock Exchange raking in a record $25 billion in the biggest ever public float of any company ever as its bankers exercised the underwriting option. The green-sh...

22 September, 2014 | More »

Jack Ma

Alibaba ups IPO price, may raise over $25B

Chinese e-commerce giant Alibaba Group Holding Ltd, the world’s largest e-com firm by value of goods sold online, has upped the price band for its upcoming initial public offer (IPO) through issue of American Depository Receipts (ADR). It has now priced the issue in the band of $66-68 a share,...

16 September, 2014 | More »