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Alibaba Is Setting up Its First India Office in Mumbai, That Too Near Rival Amazon’s HQ

2 Jan

By Anmol Sachdeva, The Tech Portal

Chinese e-commerce behemoth Alibaba has been aggressively working on setting up a team to lead its India operations but lacking an office space in the country. Now the company is giving further creditability to its expansion efforts in the country with plans to set up its first office in Mumbai, reports Business Standard. (more…)

Alibaba Aims to Work with Brands to Battle Counterfeiting

26 Dec

Alibaba said Friday it would establish an advisory board of brands and trade associations in order to safeguard intellectual property. According to a company spokesman, Alibaba will work with representatives from international brands and smaller enterprises in the U.S. and elsewhere to fight counterfeiting. Board members will serve rotating terms and meet for the first time in March. (more…)

Alibaba Sues Shatui.com

22 Dec

Alibaba is suing the Chinese website Shatui.com, which allegedly links merchants with people willing to falsify purchases and write positive comments that can drive sellers up in Alibaba’s rankings. That process is called “brushing.” The suit in Hangzhou is seeking 2.16 million yuan ($310,000).  Shatui.com’s site is no longer online, instead redirecting to an e-commerce website. (more…)

Executives from Alibaba Affiliate Ant Visit Silicon Valley to Seek Investment Opportunities

9 Dec

By Aastha Chugh, The Tech Portal

A team of executives from Alibaba Group Holding Ltd.’s banking and payments department recently visited Silicon Valley to look for potential investments. The visit is also said to have been made with an eye upon Ant’s initial public offering which is expected to come in 2017. (more…)

Thailand and Alibaba Group Sign Agreement to Help Thai SMEs Succeed in Online Commerce

8 Dec

Thailand’s Deputy Prime Minister Somkid Jatusripitak and Alibaba Group’s Executive Chairman Jack Ma today witnessed the signing of a Letter of Intent that will see Thailand and Alibaba cooperate on a range of initiatives to develop e-commerce in the country through providing training to SMEs and individuals, and exploring ways to enhance the country’s logistics capabilities to support Thailand 4.0 and Digital Economy strategies. (more…)

Alibaba’s YunOS Gaining Popularity in China

29 Nov

Alibaba’s mobile operating system YunOS will have 14% of the Chinese market by the end of the year, making it the second-largest mobile OS in China after Google’s Android, the South China Morning Post reported. Shipments of YunOS-powered smartphones this year are expected to exceed 100 million units. (more…)

Alibaba Looking to Diversify Offerings as Steady Growth Predicted for the Near Future

26 Nov

By Aastha Chugh, The Tech Portal

The year seems to be particularly kind to e-commerce stores. Couple that — pun intended — with the recent Singles Day and Chinese e-tailers at least, are very happy. Earlier this month, China’s biggest e-commerce player, Alibaba had announced that merely 20 hours into the Singles Day event and it had managed to top its last year’s sales record of $14.3 billion. According to predictions, this huge income this Singles day wasn’t just a one time phenomenon. (more…)

Alibaba to Ramp Up Its Presence in Cloud with Four New, International Data Centers

23 Nov

By Mudit Mohilay, The Tech Portal

Alibaba Cloud is looking to add to its capabilities. The cloud arm — that sound strange? — of the Chinese behemoth is opening up four brand new facilities, according to a recent announcement from Alibaba Holdings limited. The new facilities come as part of the company’s $1 billion infrastructure investment drive. (more…)

Alibaba Sets a New Record for Singles Day Sales

15 Nov

Alibaba Group has posted a record 120.7 billion yuan (US$17.79 billion) in gross merchandise volume (GMV) on China’s Singles Day, up 32% from a year ago, but much lower than the 60% expansion seen in 2015. (more…)

Alibaba Sees Record Breaking Sales on Singles day, Expects to Clock $20 Billion

14 Nov

By  Aastha Chugh, The Tech Portal

It’s Singles Day again folks, the time when China loses its mind and goes on a shopping spree. This year seems to be particularly kind to e-commerce stores. China’s biggest e-commerce player, Alibaba has announced that merely 20 hours into the event and it has already managed to top its last year’s sales record of $14.3 billion.

(more…)