Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.
War on ebay explores Jack Ma's mercurial mind
At least three industry bodies have alleged counterfeits remain widespread on Alibaba's sites
Daniel Zhang will be promoted to the executive chairman on September 10, 2019, while Ma remains a director on Alibaba's board.
Stay ahead of the game; learn the tricks from Ecom king Jack Ma.
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
Ma is also exploring strategic play in one of the largest media houses in India.
For the first time, China released videos showing how Islamic militants are using the internet to incite terror activities in the country that has witnessed a series of attacks, including one at the iconic Tiananmen Square in Beijing.
The company is modelling its many ventures on Alibaba in China.
He was number three in 1999 when the company was founded.
The market is abuzz with the talk of Snapdeal raising up to $600 million (Rs 3,600 crore) with new investors such as Japan's Softbank and Japanese e-commerce company Rakuten.
ShopClues does 1.5 million transactions a month and claims to have 40 million monthly visitors.
The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
Paytm will cross 100 million wallets ahead of its self-determined deadline of 2015-end. It currently has 66 million.
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