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Tag: alibaba
Alibaba, Tatas mull partnership to enter online retail in India
2016-03-22 05:03:21| Automakers - Topix.net
Alibaba Group president Michael Evans and global managing director K. Guru Gowrappan recently met Tata Group chairman Cyrus Mistry to discuss a partnership to cater to the online retail market in India. The Chinese e-commerce giant Alibaba approached Tata Sons for a partnership as it had plans for development projects in the country's rapidly growing online retail market.
Tags: online
enter
india
retail
Alibaba: Preparing For The Logistics Arms Race
2016-03-15 19:56:46| Air Courier - Topix.net
Caixin reported that Alibaba's Cainiao logistics arm recently raised Rmb10b from the GIC, Temasek, Khazanah Nasional Bhd and Primavera Capital that values the company at Rmb50b, or $7.7b USD. Recall that Cainiao is BABA's logistics joint venture that was created three years ago with the goal of supporting BABA's logistics network across China and driving cross-border e-commerce while leveraging big data to enhance efficiency.
Tags: race
arms
preparing
logistics
SoftBank to split Japan business from overseas operations, including Sprint and Alibaba stakes
2016-03-07 17:08:55| IT Services - Topix.net
Japanese telecoms conglomerate SoftBank Group Corp said it would separate its domestic business from overseas operations to better manage its mobile and broadband investments across the world. The overseas unit would include SoftBank's stakes in Sprint Corp and Alibaba Group Holding Ltd and the domestic business would include its holdings in Yahoo Japan, the company said in a statement.
Tags: business
including
japan
operations
Alibaba in talks for USD 3-4 bln loan - report
2016-02-26 15:29:00| Telecompaper Headlines
(Telecompaper) Alibaba is in talks to borrow up to USD 4 billion to fund expansion plans, including acquisitions, the Wall Street Journal reported, citing people familiar with the matter. The discussions, involving several banks, started with plans for a USD 3 billion loan, but the amount could be increased to USD 4 billion, the people said. One source expects the loan to be finalized next month.
Yahoo looks to separate its Alibaba stake
2016-02-19 15:47:38| BBC News | Business | UK Edition
The US search engine Yahoo has confirmed it is looking at "strategic alternatives" for its business - including splitting off its stake in Chinese online retailer Alibaba.
Tags: yahoo
separate
alibaba
stake
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