Paytm parent clocks five-fold rise in FY18 revenue, e-commerce arm’s loss balloons

Vijayakumar Pitchiah

One 97 Communications Ltd, the parent of digital payments and financial services firm Paytm, has clocked a nearly five-fold rise ....

29 October, 2018

Zomato raises $210 mn more from China's Alipay

Dearton Thomas Hector

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $210 million (Rs 1,500 crore) from Chinese ....

12 October, 2018
ADVERTISEMENT

Zomato FY18 loss shrinks on higher revenue, cost cuts

Vijayakumar Pitchiah

Gurugram-based Zomato Media Pvt. Ltd narrowed its net loss for 2017-18, as the restaurant listings and food delivery company controlled ....

22 September, 2018

After Alibaba, Xiaomi unveils steps aimed at CEO succession planning

Reuters

Chinese smartphone maker Xiaomi Inc said on Friday it will rejig its businesses and create new leadership positions aimed ....

14 September, 2018

Alibaba's Jack Ma to retire in 2019, CEO Zhang to take over as chairman

Reuters

Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman ....

8 September, 2018

Paytm Mall to tie up with BigBasket, other retailers to take on Flipkart, Amazon

Reuters

Paytm Mall, the e-commerce venture backed by China’s Alibaba Group, is looking to deepen ties with regional retailers as ....

30 August, 2018
ADVERTISEMENT

Paytm parent posts wider FY18 loss despite hiving off wallet, e-commerce businesses

Dearton Thomas Hector

One97 Communications Ltd has reported a wider loss for the financial year ended March 2018 even after it carved out separate companies ....

29 August, 2018

Paytm parent One97 Communications buys fintech app Balance

Kavya Kothiyal

One97 Communications Ltd has acquired the operator of fintech application Balance, as the parent of digital payments company Paytm ....

9 August, 2018

Paytm to snap up hotel booking app NightStay Travels

Dearton Thomas Hector

SoftBank- and Alibaba-backed digital payments and e-commerce firm Paytm is all set to acquire NightStay Travels Pvt. Ltd, a Delhi ....

3 July, 2018

Zomato expands restaurant listing service to 25 more cities

Anand J

Zomato Media Pvt. Ltd, which is backed by Chinese e-commerce giant Alibaba Group, said on Wednesday it is expanding its restaurant ....

27 June, 2018
ADVERTISEMENT

Google to invest $550 mn in Walmart-backed Chinese e-tailer JD.com

Reuters

Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand ....

18 June, 2018

Alibaba-backed SenseTime, world's most valued AI startup, raises $620 mn

Reuters

Chinese facial recognition technology developer SenseTime Group Ltd said it has raised $620 million in a second round of funding ....

1 June, 2018

Naukri parent Info Edge's revenue up 15.5% in Q4; sinks into loss on write-offs

Binu Paul

Info Edge (India) Ltd, which runs Naukri.com, Jeevansathi.com and 99acres.com, posted an increase in standalone revenue for the ....

30 May, 2018

Paytm parent One97 Communications posts wider operating loss for FY17

Dearton Thomas Hector

One97 Communications Ltd, the parent of mobile wallet Paytm, reported a wider operating loss for the financial year ended March ....

29 May, 2018

US judge rejects Alibaba plea to block cryptocurrency firm from using similar name

Reuters

A U.S. judge on Monday rejected Alibaba Group Holdings Ltd’s bid for a preliminary injunction to block the Dubai cryptocurrency ....

1 May, 2018

Alibaba Cloud launches AI-based solution to manage Kuala Lumpur city traffic

Anirban Ghoshal

Jack Ma-led Alibaba Group’s cloud computing division has launched Malaysia City Brain, an artificial intelligence-based ....

30 January, 2018

Hero Group's Sunil Munjal eyes stake in Paytm at $5.7 bn valuation

Arti Singh

Hero Corporate Services chairman Sunil Munjal and Adventz Group chairman Saroj Poddar are reportedly looking to buy a stake in ....

3 January, 2017

Alibaba Group's global MD Gowrappan joins Paytm board

Arti Singh

Alibaba Group's global managing director K Guru Gowrappan has joined Paytm's board as an additional director. This marks the third ....

27 October, 2016

Exclusive: China's Tencent close to investing more than $150 mn in FreeCharge

Arti Singh

Snapdeal, India's third-largest e-commerce venture is in talks with Chinese Internet giant Tencent to raise more than $150 million ....

31 August, 2016

Exclusive: Paytm valued at $4.8 bn in new funding round

Debjyoti Roy

One 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, has received commitment of $60 million (Rs ....

29 August, 2016

Why a deal with Snapdeal is a more logical choice for Flipkart than Amazon

Binu Paul

India's e-commerce industry could see a major shake-up if online retailer Snapdeal's preliminary conversations with local rival ....

18 August, 2016