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Alibaba

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After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India

TMT

29 November, 2023

After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India

China’s Alibaba Group, which sold its stake in Paytm parent One97 Communications Ltd earlier this year after virtually writing off ......

Paytm's Sharma says open to increasing stake in payments firm

TMT

05 September, 2023

Paytm's Sharma says open to increasing stake in payments firm

Paytm founder Vijay Shekhar Sharma said on Monday he is open to increasing his stake in the Indian fintech firm ......

Indians bought goods worth $44.5 bn in FY23; one in three active e-shoppers

Consumer

19 May, 2023

Indians bought goods worth $44.5 bn in FY23; one in three active e-shoppers

Indians bought products worth $44.5 billion from e-tailers in the financial year 2022-23 as e-commerce platforms expand their footprints with ......

SoftBank's annual losses narrow after Alibaba stake sale

Finance

11 May, 2023

SoftBank's annual losses narrow after Alibaba stake sale

Japan's SoftBank Group Corp on Friday posted a sharply narrower annual loss after a capital raise using its stake in ......

Alibaba sells entire stake in Paytm, MS buys it partially

Finance

10 February, 2023

Alibaba sells entire stake in Paytm, MS buys it partially

China’s Alibaba Group sold its entire 3.4% stake in One97 Communications, the parent of Indian payments firm Paytm, in a ......

Morgan Stanley picks up stake in Paytm after Alibaba's divestment

Finance

13 January, 2023

Morgan Stanley picks up stake in Paytm after Alibaba's divestment

After stake sale by Alibaba, Singapore in One 97 Communications Ltd aka Paytm, Morgan Stanley Asia (Singapore) has bought fresh ......

Alibaba sells 3% stake in Zomato

Consumer

01 December, 2022

Alibaba sells 3% stake in Zomato

Alipay Singapore, an arm of Alibaba Group Holding Ltd, sold 3.07% stake in online food delivery giant Zomato for ₹1,631 ......

Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Finance

17 May, 2022

Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited Paytm ......

SoftBank-backed Snapdeal files for an IPO

Finance

21 December, 2021

SoftBank-backed Snapdeal files for an IPO

E-commerce platform Snapdeal has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI) for ......

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Snapdeal to file draft documents for IPO by December end

TMT

01 December, 2021

Snapdeal to file draft documents for IPO by December end

Snapdeal, the ecommerce startup founded by Kunal Bahl and Rohit Bansal, is planning to file its draft public offering prospectus ......