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Zomato backer Ant Financial raises $14 bn from GIC, Warburg for global push

Finance

08 June, 2018

Zomato backer Ant Financial raises $14 bn from GIC, Warburg for global push

Ant Financial Services Group, operator of China's biggest online payment platform, said on Friday it had raised around $14 billion ......

Alibaba eyes minority stake in Dailyhunt; Brookfield, Macquarie bid for highways

General

23 February, 2018

Alibaba eyes minority stake in Dailyhunt; Brookfield, Macquarie bid for highways

Chinese e-tailing giant Alibaba group may be in talks to pick up a 10-12% stake in Ver Se’ Innovation Pvt. ......

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

TMT

30 January, 2018

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

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

VCC Startups Weekly Wrap: WhatsApp weighs digital payments; Grab buys Indian startup

TMT

20 January, 2018

VCC Startups Weekly Wrap: WhatsApp weighs digital payments; Grab buys Indian startup

Speculation about WhatsApp’s much-anticipated entry into the crowded mobile payment space in India gained momentum this week as media reports ......

Alibaba's AI Labs ties up with MediaTek for IoT play

TMT

10 January, 2018

Alibaba's AI Labs ties up with MediaTek for IoT play

Chinese e-commerce giant Alibaba Group's artificial intelligence division, AI Labs, has joined hands with Taiwanese fabless chipmaker MediaTek to collaborate ......

Alibaba to invest $15 bn in building global logistics network

TMT

26 September, 2017

Alibaba to invest $15 bn in building global logistics network

Chinese e-commerce firm Alibaba Group announced it will invest 100 billion yuan ($15.12 billion) over five years to build a ......

Here's what pushed Naukri owner Info Edge's valuation above $2 bn

TMT

15 September, 2017

Here's what pushed Naukri owner Info Edge's valuation above $2 bn

The market valuation of Info Edge (India) Ltd, the publicly listed holding company of consumer Internet companies such as Naukri, ......

Paytm Payments Bank in talks to partner full-service banks

Finance

31 August, 2017

Paytm Payments Bank in talks to partner full-service banks

India's Paytm Payments Bank is in talks to partner with full-service banks to offer services such as loans and term ......