How Zomato backer Ant Financial became the world's first 'super unicorn'

Reuters

Ant Financial's rapid climb to become the world's biggest super unicorn valued by some investors at around $150 billion ....

18 April, 2018

Love thy neighbour: How Chinese cheques are fuelling Indian startups

Anand J

The early days of the venture capital boom saw money flowing into India from all parts of the world. Funding started to dry up ....

18 April, 2018
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Chinese facial recognition firm is now the world's most valuable AI startup

Anirban Ghoshal

China's SenseTime Group Ltd, which provides facial recognition systems, is now the world's most valuable artificial intelligence ....

11 April, 2018

Crypto firm Alibabacoin cites folktale to show it isn't stealing Alibaba's thunder

Reuters

The Dubai-based cryptocurrency firm Alibabacoin Foundation on Tuesday said Alibaba Group Holding Ltd cannot monopolize the “magical” ....

11 April, 2018

Fix Facebook but don't kill it, says Alibaba's Jack Ma

Anirban Ghoshal

Jack Ma, the co-founder of Chinese e-commerce giant Alibaba, has called on Facebook chief executive officer Mark Zuckerberg to ....

10 April, 2018

Paytm Mall to raise $446 mn from SoftBank and Alibaba

Dearton Thomas Hector

Online e-commerce marketplace Paytm Mall, operated by Delhi-based Paytm E-commerce Private Limited, is set to raise Rs 2,892.5 ....

2 April, 2018
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Alibaba Group’s global managing director quits firm

Vijayakumar Pitchiah

Alibaba Group Holding’s global managing director, K Guru Gowrappan, has quit the firm, China's biggest e-commerce company ....

28 March, 2018

E-tailer Shopclues lays off 52 employees

Vijayakumar Pitchiah

Gurgaon-based e-commerce marketplace Shopclues has laid off 52 personnel from its marketing and operations verticals, a spokesperson ....

23 March, 2018

Zomato hits $100 mn annual revenue run rate, says CEO Deepinder Goyal

Shweta Sharma

Online restaurant listing and food delivery company Zomato’s annual revenue run rate has touched $100 million (Rs 650 crore), ....

22 March, 2018

Alibaba leads $866 mn investment in Ofo amid bike-sharing firm's India push

Reuters

Chinese bike-sharing firm Ofo has raised $866 million in new funding led by Alibaba Group Holding Ltd, in what it said ....

13 March, 2018
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How is Zomato's paid subscription programme faring?

Shweta Sharma

Zomato Gold, the paid subscription product from Zomato, has crossed 150,000 subscribers within three months of its launch, Deepinder ....

8 March, 2018

Teradata partners Cisco to help city authorities pinpoint hotspots

Anirban Ghoshal

Data analytics firm Teradata has partnered networking equipment maker Cisco Systems in a bid to join real-time urban data from ....

7 March, 2018

Google's new enterprise chat app will take on Slack, Flock

Anirban Ghoshal

Internet giant Google has launched an enterprise messaging service, Hangouts Chat, as it seeks to take on similar offerings by ....

1 March, 2018

Japanese e-commerce giant Rakuten set to launch its own cryptocurrency

Anirban Ghoshal

Japanese e-commerce giant Rakuten is planning to launch its own cryptocurrency - Rakuten Coin - which will combine blockchain ....

28 February, 2018

Music streaming service Gaana raises $115 mn from Tencent, Times Internet

Dearton Thomas Hector

Chinese Internet conglomerate Tencent Holdings Ltd has made another bet in India. This time, it has led a $115-million (Rs 748 ....

28 February, 2018

Amazon starts food retail venture with pilot in Pune: Report

Binu Paul

E-commerce firm Amazon India is quietly rolling out its ambitious food retail venture in India, starting out with Pune, according ....

19 February, 2018

To decode Alibaba's India strategy, look no further than Paytm Mall

Binu Paul & Anand J

As foreign players hone in on India, Alibaba is doing things its own way as it seeks to gain a foothold in the online retail space. ....

13 February, 2018

Exclusive: Food-tech startup Holachef raises fresh funds

Vijayakumar Pitchiah

Food-tech startup Holachef has raised Rs 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer ....

13 February, 2018

Alibaba’s payment affiliate likely to raise funds at $100 bn valuation

Reuters

China’s Ant Financial Services Group is planning to raise up to $5 billion in fresh equity that could value the online payments ....

9 February, 2018

Why click-and-mortar may be the key to cracking India’s grocery delivery business

Anand J

What are the keys to success in the grocery delivery business? BigBasket co-founder Hari Menon thinks a deep understanding of ....

8 February, 2018

Targeting $1 bn revenue run rate by March 2019: BigBasket's Hari Menon

Vijayakumar Pitchiah & Anand J

Online grocer BigBasket is barely $50 million away from becoming a unicorn after Chinese e-commerce giant Alibaba led a $300-million ....

5 February, 2018