Alibaba demotes top e-commerce executive after internal inquiry on improper behaviour

Chinese e-commerce entity Alibaba has demoted its e-commerce chief and senior vice-president…

Alibaba to push $28 billion into cloud computing business amid surge in demand

Chinese tech giant Alibaba has announced a fresh investment of RMB 200…

Chinese e-commerce giant Pinduoduo raises $1.1 Billion via private share placement

Pinduoduo, Alibaba’s competitor in China’s $1 trillion e-commerce market, has reported a…

Jack Ma is sending 1.8Mn masks, 210K COVID-19 test kits, ventilators and more to under-equipped Asian countries

Jack Ma is continuing with his earlier philanthropic efforts in the ongoing…

Adonmo secures $3 million from Alibaba’s Bace Capital for its contextually-targeted outdoor advertising platform

Ad-tech startup Adonmo, which touts itself as India’s first contextually-targeted digital out-of-home…

Alibaba raises $12.9Bn in historic Hong Kong IPO

Adding another financial milestone to the already fairly long list that it…

Xiaomi participates in EV startup XPeng’s $400 Mn fundraise

Electric vehicles are on the rise and startups in the domain are…

Despite slowing growth, Alibaba Singles’ Day sales exceed $38 Bn

Singles’ Day is usually an iconic event for Alibaba. Starting from 2009,…

Alibaba hits a record $23.1Bn in Singles’ Day sales in first nine hours

Setting yet another Singles’ Day record, Chinese e-commerce behemoth Alibaba has announced…

Alibaba opens its platform to small businesses in the US

The US-China trade war may continue to linger on for some time…

Alibaba looks to strengthen its cloud business with further SEAsia expansion

Ten months after launching its first data center in Indonesia, Chinese tech…

After Swiggy, Zomato is reportedly raising $1 Billion of its own

India’s food-tech market is getting a bit more spicy now. As the…

Head of Alibaba video platform resigns amid corruption probe

Yang Weidong, president of Chinese vide streaming behemoth Youku has stepped down…

Why Google is pulling a Yahoo with its project “Dragonfly”?

Of late, Google has come under fire for its Project dragonfly. The…