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Alibaba

Cube Highways mulls buying some IL&FS road projects

General

12 October, 2018

Cube Highways mulls buying some IL&FS road projects

Singapore-based Cube Highways and Infrastructure Pte. Ltd, which owns and operates toll roads in India, is in initial discussions with ......

Alibaba CEO Daniel Zhang to replace Jack Ma as chairman in 2019

People

08 September, 2018

Alibaba CEO Daniel Zhang to replace Jack Ma as chairman in 2019

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

Alibaba eyes stake in Reliance Retail; Amazon in talks to buy into More

General

20 August, 2018

Alibaba eyes stake in Reliance Retail; Amazon in talks to buy into More

Chinese e-commerce giant Alibaba Group Holding may pick up 50% stake in Reliance Retail Ltd for $5-6 billion (Rs 34,908-41,889 ......

Zomato in talks to raise $400 mn; Bloom wins bid for Delhi hotel

General

22 June, 2018

Zomato in talks to raise $400 mn; Bloom wins bid for Delhi hotel

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is in discussions with investors to raise $400 million, ......

Temasek eyes stake in Asia Healthcare; Ratan Tata may invest $150 mn in Ant Financial

General

08 June, 2018

Temasek eyes stake in Asia Healthcare; Ratan Tata may invest $150 mn in Ant Financial

Singapore state investor Temasek Holdings is in advanced discussions to pick up 30-35% stake in Asia Healthcare Holdings, a healthcare ......

Alibaba brings online movie ticketing platform TicketNew under Paytm

TMT

23 May, 2018

Alibaba brings online movie ticketing platform TicketNew under Paytm

Digital payments major Paytm has announced the acquisition of Chennai-based Orbgen Technologies Pvt. Ltd, which runs online ticketing platform TicketNew.Both ......

Foxconn writes off additional $40 mn stake in Snapdeal

TMT

15 May, 2018

Foxconn writes off additional $40 mn stake in Snapdeal

FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its $200 ......

Swiggy seeks unicorn status, in talks to raise $250 mn

TMT

15 May, 2018

Swiggy seeks unicorn status, in talks to raise $250 mn

Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. The ......

Paytm Mall to raise $446 mn from SoftBank and Alibaba

TMT

02 April, 2018

Paytm Mall to raise $446 mn from SoftBank and Alibaba

Online e-commerce marketplace Paytm Mall, operated by Delhi-based Paytm E-commerce Private Limited, is set to raise Rs 2,892.5 crore (around ......

Tencent leads $115 mn round in music streaming service Gaana

TMT

28 February, 2018

Tencent leads $115 mn round in music streaming service Gaana

Chinese Internet conglomerate Tencent Holdings Ltd has made another bet in India. This time, it has led a $115-million (Rs ......