Page 15 - Alibaba

Now, Alibaba to create online system for house rentals in China

China's housing rental market in major cities has been dominated by real estate agents and frauds

Alibaba, Paytm announce joint venture for online gaming

Paytm would hold 55% stake

Alibaba's revenue to jump 45-48% this year: Jack Ma

Alibaba had revenue of $22.99 billion in its year to the end of March

Alibaba and Paytm may pick up stake in Bigbasket

Players like Snapdeal-backed PepperTap has already shut shop

Alibaba to invest $1 billion more in Lazada to speed up Asian drive

The Chinese e-commerce firm took control of Lazada last year from Rocket in a $1-billion deal

Alibaba expects revenue growth of 45-49% in FY18, says CFO

At the same event last year, the firm predicted 48% revenue growth

271% surge in Digital Media & Entertainment revenue for FY17: Alibaba

UCWeb Inc's holding company, Alibaba Group on Friday reported a 271 percent jump (year-on-year) in its Digital Media and Entertainment revenue for the fiscal year ended March 31.The information was released as part of Alibaba Group Holding Limited's financial results for the full year and quarter ended March 31, 2017. The unit's revenue for Q4 stands at USD 571 million, recording a 234 percent increase year-over-year.Mobile internet services revenue from UCWeb businesses, including mobile search and news feeds, as well as apps and game publishing across China as well as key global markets like India and Indonesia are key contributors to the revenue rise.Reiterating its growing focus on globalization, Alibaba Digital Media and Entertainment Group, in a significant move, elevated Jack Huang, President of Overseas Business, Alibaba Mobile Business Group to President of Alibaba Mobile Business Group.Jack will report to the President Office of the Alibaba Digital Media & Entertainment .

Alibaba and the 40 founders from India

Chinese may understand Asian business models better, given a shared culture, reports Tech In Asia

Alibaba's UCWeb plans big India investment, to partner Paytm

Besides Paytm, the group also has investments in Indian ecommerce firm Snapdeal

Alibaba launches India-specific content platform We-Media Reward Plan 2

The Chinese e-commerce made an initial investment of Rs 5 crore

Jack Ma wants serious jail time for counterfeiters

Alibaba continues to fend off allegations about failing to remove fake products from its platform

Alibaba's Ant Financial to invest $200 mn in S Korea's Kakao Pay

The investment in Kakao Pay comes less than a month after Ant bought US based MoneyGram

Alibaba expands bricks-and-mortar retail push with Bailian deal

The deal is latest in Alibaba's still nascent efforts to capture a bigger share of the retail market

Now, Alibaba will pay you for publishing content on its We-Media platform

Alibaba's UCWeb to compete with Google and FB in India; opts for recommendations-based strategy

Alibaba's Jack Ma warns of 'big trade war' between China, US

Jack Ma also said Trump is a smart person and should not be underestimated

Alibaba's financial arm acquires MoneyGram for $880 million

Ant Financial, e-commerce giant Alibaba's financial arm, has reached an agreement to acquire American money-transfer major MoneyGram for USD 880 million, in a deal that will expand the firm's business in the US after India and Thailand. "The acquisition of MoneyGram is a significant milestone in our mission to bring inclusive financial services to users around the world," Eric Jing, chief executive officer of Ant Financial Services Group in a statement last night. The company owns Alipay, one of China's biggest online payment platforms and controls the company that manages the country's largest money market fund, Yu'ebao. The transaction will connect MoneyGram's money transfer network of 2.4 billion bank and mobile accounts and 350,000 physical locations with Ant Financial's users, according to the statement. MoneyGram will remain headquartered in Dallas and continue to operate under its existing brand, it said. The transaction will help expand Ant Financial's business follow

Alibaba's profile is global, but its fate is tied to China

Analysts are also bullish on the company's cloud revenue

Alibaba posts 54% rise in Q3 revenue

Company said it would be raising its 2017 full-year guidance for revenue growth from 48% to 54%

Alibaba's UCWeb to invest Rs 200 crore in India, Indonesia

Funds will primarily be used to tap the huge potential of user-generated content in India

China's Alibaba becomes major sponsor of Olympics

Alibaba becomes the official e-commerce and cloud services partner, joins 12 other companies