With 6.44 per cent of shares in his bracket, Jack will continue to exert his influence on China's biggest e-commerce company through his lifetime membership with the Alibaba Partnership, reported CNN.
Chinese billionaire and Alibaba group founder Jack Ma is suspected to be missing following his mysterious disappearance from the public eye for over two months after Beijing's aggressive crackdown on his business empire.
A source said the deal would see Alibaba invest around $600 million
The BSE Sensex has been one of the top-performing areas of investment in the past 40 years, consistently delivering double-digit returns in rupee terms, beating assets such as global equities, precious metals, and fixed income.
Alibaba is playing a big role in helping to train the senior management of the upcoming Paytm Payment Bank
'This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.'
Chinese billionaire Jack Ma, suspected to be missing following Beijing's aggressive crackdown on Alibaba Group, resurfaced on Wednesday.
Alipay payment service is about bringing the world's consumers and businesses together.
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The Chinese government has accused e-commerce titan Alibaba Group Holding Ltd of not paying enough attention to illegal business conducted on its platforms and failing to take effective steps to snuff it out.
'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.
The South China Morning Post has iconic status in the region.
Joint venture to take on Amazon will be announced next week.
Chinese e-commerce giant Alibaba has received anti-trust regulator CCI's approval for buying 4.14 per cent stake in Snapdeal.
This mission is the 14th human flight for the New Shepard programme and the 34th in its history.
Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
The companies did not immediately give a figure for the investment, but Chinese state media reported earlier on Thursday it would total 1.2 billion yuan ($192 million).
According to reports, private-equity firms such as Silver Lake Partners are considering bidding for Yahoo.
The website will operate as a marketplace similar to Alibaba's China-based TMall, which offers virtual store fronts to merchants who set their own prices and handle their own logistics for nearly everything but payments, the newspaper reported.
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
Alibaba Group Holdings Ltd may scrap plans to invest in online marketplace Snapdeal, technology website Recode has reported.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
Chinese e-commerce giant planning to enter India this year, will take on global e-retailer
The shopping day, similar to Cyber Monday and Black Friday in the United States, comes less than eight weeks after Alibaba's record $25 billion public share listing in New York.
Consumers are set to gain from discounts.
He was number three in 1999 when the company was founded.
Alibaba in talks to invest up to $700 million in Snapdeal
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
Alibaba will acquire 25 per cent stake in One97 Communications.
At least three industry bodies have alleged counterfeits remain widespread on Alibaba's sites
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.
He also praised PM Modi for his leadership and said that it is the best time for both the countries to work together.
Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion.
Ma is also exploring strategic play in one of the largest media houses in India.
Alibaba, the world's biggest e-commerce firm by transaction value, supports small businesses on its platforms.
Internet giant Yahoo may shed its substantial holding in China's Alibaba Group and in its Japanese affiliate in transactions totalling about $18 billion, says a media report.
The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.
The deal gives a valuation of over $4 billion to Paytm, which is already backed by Alibaba group as a strategic investor.
Traders were up in arms, fearing huge job loss if Walmart was to enter.
The Chinese e-commerce giant has outlined its vision, but hasn't really explained the logic behind a recent spree of investments.
Billionaire Mukesh Ambani's Reliance Industries Ltd climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide.
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