Tag: Alibaba
Russia: Alibaba Expands into Russia
Alibaba, the Chinese eCommerce giant, inked a deal Tuesday, September 11, with the Russian Direct Investment Fund and Mail.ru Group to create AliExpress Russia.
According...
China: Alibaba ties up with Russian’s eCommerce Endeavor
Alibaba is partnering with two Russian companies on an eCommerce venture as it looks to form its digital silk road across Eurasia. According to...
China: Alibaba & Tencent look to buy minority stake in WPP
Alibaba, Tencent, and venture capital firm China Media Capital Holdings (CMC) are in the early stage of discussions to buy around 20% of WPP...
India: Alibaba enters online grocery shopping
Alibaba is poised to buy over a third of online grocer BigBasket, according to three people directly aware of the impending deal, for about...
China: Alibaba makes a move on offline grocery with a US$2.87b...
Alibaba is making a big offline commerce play with the announcement that it will invest HK$22.4 billion (USD$2.87 billion) for a major stake in...
India: Chinese Alibaba wants to buy into India’s BigBasket
Chinese e-tailing giant Alibaba has sought formal approval from the Competition Commission of India to acquire a stake in the country’s top online grocer...
US: Alibaba affiliate confident over rival offer for Moneygram
The plan faced a major hurdle this week as US electronic payments firm Euronet Worldwide launched a higher $1 billion bid for MoneyGram on...
China: Alibaba says its fighting ‘false’ price-fixing claims
Alibaba, China's leading e-commerce company, has accused several reputation-protection agencies for making false accusations about the sale of fake goods and price fixing violations...