Alibaba

When Flyrobe, the fashion rental service received venture capital funding and raised US$7 million in two rounds from Sequoia Capital, IDG Ventures and Tokyo based GREE Ventures, the Indian retail sector took notice and saw an opportunity. Globally, earlier...

Alibaba Group is planning to launch first fully owned e-commerce business this fiscal in India through its subsidiary UCWeb, a senior company official said on Thursday.According to a PTI report: UCWeb Global Business Vice President Huaiyuan Yang said that...

Expanding its user base to 674 million annual active consumers, Chinese e-commerce giant Alibaba on Thursday announced it posted US$ 16.7 billion in revenue -- an increase of 42 percent year-over-year -- with US $2.7 billion in net income...

The current dominance in online commerce enjoyed by Amazon could be endangered if Instagram, with its one billion users worldwide, pushes ahead with its plans to enter that space, as its new chief, Adam Mosseri, has said he intends...

Alibaba Group’s Taobao and Tmall shattered multiple records during this year’s '6.18 Mid-Year Shopping Festival,' sating a rising demand from consumers in less-developed cities for quality products.This 6.18 was the most-inclusive ever, with over 200,000 brands taking part. Innovative...

Shilpa Ahuja is always pressed for time. There’s work and then there’s home! And when she’s home, she wishes she had some help sourcing fresh fish and cooking it for dinner. But then, no supermarket in Bengaluru, the city...

South Korean Asset financial group Mirae-Naver, Chinese e-tail behemoth Alibaba group and British development finance institution CDC on Monday said they have collectively invested US$ 150 million (Rs 1,040 crore) in grocery major BigBasket's firm Supermarket Grocery Supplies Ltd."The...

Retail giant Amazon will withdraw its domestic e-commerce marketplace business in China, effective from July 18, but will keep operating its other business sections, including Amazon Web Services, Kindle e-books and cross-border operations.Facing stiff competition from local online marketplace...

Alibaba-backed Indian e-commerce firm Paytm Mall Sunday said it has hired 200 people across various functions and is planning to hire another 300 in the coming months.According to a PTI report: Paytm Mall is fast emerging as the preferred...

By 2020, 100 million people would shop in-store and online using Augmented Reality (AR), enabling people to visualise products in different settings, market research firm Gartner said on Monday.Once technologies like AR and Virtual Reality (VR) get powered by...