CHINA TOPIX

11/22/2024 07:00:56 am

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Alibaba Investment

Alibaba Bets Big on Paytm.

Alibaba Bets big on Indian e-Commerce Company Paytm

Chinese e-commerce giant Alibaba Group is planning to bet big on its investment in Indian e-commerce company Paytm.

Alibaba

Alibaba Becomes Largest Stakeholder of Ele.me

Alibaba, an online and mobile commerce company, is on an investment spree. The latest news is that the company has bought 27.7 percent stake in Ele.me, a Chinese food delivery services.

Alibaba-backed MYbank gets approval

Major U.S. Hedge Funds Exit Alibaba

Some of the biggest US-based hedge fund managers have unloaded their Alibaba shares by the end of last year, anticipating a lower-than-expected fourth quarter revenue figure from China's e-commerce giant, sources said.

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