In about a year, top e-commerce companies are expected to raise as much funds as the three sector leaders raised in about five years.
These stocks are overvalued and, therefore, one should not adopt a buy and hold strategy.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
In India, Amazon has taken an open cheque policy by sinking in over $2 bn to grow its business and tried to build local innovations to help it score over local players Flipkart and Snapdeal.
An increasing number of US lawmakers voiced anger on Monday over the NBA's response to a Houston Rockets official's tweet backing Hong Kong democracy protests, raising US-China tensions as talks to end a 15-month trade war resumed.
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.
Google's Larry Page has emerged as the 'business person of the year' for 2014, edging past the likes of Alibaba co-founder Jack Ma and Facebook CEO Mark Zuckerberg, according to Fortune magazine.
The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to Vijay Shekhar Sharma, the founder of One97 Communications that owns Paytm.
With a new $100-billion technology fund, SoftBank is likely to go after market leaders.
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
At the young age of 15, Wang joined the People's Liberation Army as a guard.
SoftBank will pay 17 pounds in cash for each ARM share.
In India, it is fighting a pitched battle against Ola.
Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual 'Businessperson of the Year' compilation, followed by CEO of Milwaukee-based maker of water heaters A O Smith Ajita Rajendra on the 34th spot, HDFC Bank's Managing Director Aditya Puri on the 36th position and Banga on 40th.
India turns talent backyard for Southeast Asian taxi apps to fight Uber.
US fast-food giant McDonald's Corp has ended its 41-year-long Olympic Games sponsorship deal three years early, the International Olympic Committee said on Friday.
The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.
Mumbai is the most hard working city in the world. Mumbaikars work for an average of 3,315 hours annually. In comparison, a full-time employee in Beijing works for an average of 2,096 hours a year, says Shyamal Majumdar.
A Chinese company named Shanghai AdUps has been sending massive data about phones and users to servers in China.
For now Walmart has said it remains optimistic about India. But that could change without prior notice, says Nivedita Mookerji.
iPhone, which accounts for just 3% of sales in India's 100 million-plus annual smartphone market, plans to partner an existing player
Accuses foreign-funded competition of 'capital dumping' to capture market, bats for stronger regulations for sector.
Paisa Bazaar, which recently forayed into online mutual fund distribution, has come out with a 20-second video clip featuring Bollywood actor Akshay Kumar. The ad, which talks about the benefits of investing in direct plans, has already got 1.6 million views on YouTube.
Shakila's seductive performances in the ever-popular club number Babuji Dheere Chalna and the fabulous torch song Hoon Abhi Main Jawaan made filmmakers sit up and notice this new talent.
Xioami, currently the world's third-largest smartphone maker, is now planning to raise about $1.5 billion in its fifth round of financing, media reports said.
Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
US mutual funds Valic Co 1 and Fidelity Rutland Square Trust II, which have minority stake in Flipkart, have marked down the value of their stocks in the company
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
The year 2017 could be the third year of a double-digit growth in arrivals from China after years of low single-digit growth
Private Equity investment in Q1, 2015 witnessed a year- on-year jump of 30 per cent to $2.6 billion.
'India has tremendous potential for digital ventures,' says Ratan Tata.
Terrific meeting with Narendra Modi. Always impressed, energised by optimism and invention in India. Excited to keep investing and growing," Bezos wrote on social networking platform Twitter.
Uber is locked in an intense battle with market leader Ola, which counts Didi as an investor.
Flipkart eyes another $500 mn from eBay, which seeks to merge India ops with it and exit business
InMobi helps companies target the users of phones.
The deal will end months of uncertainty about Yahoo's future.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
If Modi rethinks on pro-biz policies, investors will suffer.
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