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Alibaba may pick majority stake in Paytm’s e-commerce biz

Thursday, August 25, 2016 | More »

Alibaba
Chinese e-commerce company Alibaba Group Holding is likely to pick a majority stake in the e-commerce business of One97 Communications Pvt Ltd, the company that also runs mobile payment and commerce platform Paytm. One97 will soon be separating its e-commerce operations from the mobile payment and...

Alibaba

Alibaba in talks with Delhivery, Xpressbees to build India logistics arm

Chinese e-commerce major Alibaba Group is in talks with two Indian e-commerce logistics firms, Delhivery and Xpressbees, for potential investments to build a strong logistics infrastructure before launching its horizontal marketplace platform in the country. Citing two unnamed people aware of the de...

14 June, 2016 | More »

Vijay-Shekhar-Sharma

Paytm raises fresh funding from Alibaba, Ant Financial

One97 Communications Ltd, which runs mobile wallet and e-commerce venture Paytm, has raised an undisclosed amount in a fresh round of funding from NYSE-listed Alibaba Group Holding Ltd and existing investor Ant Financial. Ant Financial, a privately owned group firm controlled by Alibaba founder Jack...

29 September, 2015 | More »