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Alibaba Group

China's Antfin pulls out over $340 mn more from Zomato

TMT

06 March, 2024

China's Antfin pulls out over $340 mn more from Zomato

China's Antfin, part of Jack Ma-founded Ant Group and an affiliate of Alibaba Group, has trimmed its stake in Zomato ......

Khazanah-backed Xpressbees snaps up Trackon

Infrastructure

14 August, 2023

Khazanah-backed Xpressbees snaps up Trackon

BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday that it has acquired logistics company ......

Markets fall on slowdown jitters, Adani group uncertainty

Finance

10 February, 2023

Markets fall on slowdown jitters, Adani group uncertainty

Markets declined on Friday, tracking a slide in global equities on fears that monetary policy tightening would slow down economic ......

Alibaba sells Paytm stake worth $125 mn via block deal

Finance

12 January, 2023

Alibaba sells Paytm stake worth $125 mn via block deal

China's Alibaba Group sold a 3.1% stake in digital payments firm Paytm for a total of $125 million through a ......

Grapevine: PTC India likely to sell two units; Amazon may not buy into Reliance Retail

General

25 September, 2019

Grapevine: PTC India likely to sell two units; Amazon may not buy into Reliance Retail

PTC India, the nation’s top power trading company, has put two of its non-core businesses on the block -- lender ......

Vertex Ventures raises $290 mn fund for India, Southeast Asia bets

Finance

12 September, 2019

Vertex Ventures raises $290 mn fund for India, Southeast Asia bets

Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia’s ride-hailing giant Grab, has added a new $290 million ......

Alibaba set for 'big challenge' as chairman Jack Ma steps down

People

09 September, 2019

Alibaba set for 'big challenge' as chairman Jack Ma steps down

Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting ......

Grapevine: Amazon may buy into Reliance Retail; investors circle Apollo Hospital

General

01 August, 2019

Grapevine: Amazon may buy into Reliance Retail; investors circle Apollo Hospital

Amazon is in exploratory talks with Reliance Retail to acquire up to 26% stake, two persons in the know told ......

eBay bets on Paytm Mall in renewed India push

TMT

18 July, 2019

eBay bets on Paytm Mall in renewed India push

US-based online retailer eBay Inc. is investing in Vijay Shekhar Sharma-led Paytm Mall to acquire a stake of about 5.5%, ......

KKR looks to take over Altico; Alibaba reviews India strategy

General

06 May, 2019

KKR looks to take over Altico; Alibaba reviews India strategy

Private equity firm KKR is looking to buy a controlling stake in real estate-focussed non-banking financial company Altico Capital India ......