Post Tagged with: "Alibaba Group"

Whale Cloud Unveils 5G Operation Map at IMC 2019

Whale Cloud Unveils 5G Operation Map at IMC 2019

October 16, 2019 at 11:18 am 0 comments

Whale Cloud, a subsidiary company of Alibaba Group and a global leader in digital transformation,unveils 5G Operation Map at this year’s India Mobile Congress 2019 being held in  New Delhi. 5G is the catalyst to accelerate the digital society transformation. In the 5G era, operators will be the technical center ofRead More

Alibaba Cloud Bets Big On India, Launches Channel Program

Alibaba Cloud Bets Big On India, Launches Channel Program

July 17, 2018 at 12:02 pm 0 comments

Alibaba Cloud, the cloud service and solutions provider from the Chinese behemoth Alibaba Group, is eyeing the over $2 billion Indian public cloud services market and started spreading its wings. The company that opened its first data center in Mumbai in January this year also announced its India channel partnerRead More

UCWeb Launches File Sharing App UC Share

UCWeb Launches File Sharing App UC Share

May 1, 2018 at 4:51 pm 0 comments

UCWeb, part of Alibaba Digital Media and Entertainment Group, has launched UC Share, a file transfer and sharing application. UCWeb has also updated UC Browser, India’s leading mobile browser, and 9Apps, a popular third party Android marketplace with the file sharing feature. With the launch of this new app, UCWebRead More

PayTm Forms JV With AGTech To Launch Gaming Platform Gamepind

PayTm Forms JV With AGTech To Launch Gaming Platform Gamepind

January 29, 2018 at 2:46 pm 0 comments

Vijay Shekhar Sharma founded PayTm and China based digital gaming firm AGTech have formed a joint venture (JV) to launch a mobile-first gaming platform called Gamepind. The gaming platform would offer a host of popular and exciting social and casual games. Through Gamepind, available both through the Paytm app andRead More

Alibaba Generates $14.3 Bn Sales During 2015 Global Shopping Festival

Alibaba Generates $14.3 Bn Sales During 2015 Global Shopping Festival

November 12, 2015 at 1:52 pm 0 comments

Alibaba Group has generated $14.3 billion sales during 2015 11.11 Global Shopping Festival. Alibaba Group announced that $10 billion of GMV was settled through Alipay on Alibaba’s China and international retail marketplaces as of 2:05 p.m. China Time during the 2015 11.11 Global Shopping Festival. Alibaba Group announced that $5Read More

Vijay Shekhar Sharma, founder and chief executive officer, Paytm

Alibaba Group and Ant Financial Make Strategic Investment in Paytm

September 30, 2015 at 7:22 am 1 comment

Alibaba Group Holding and Ant Financial Services Group have agreed to make a strategic investment in Paytm. Ant Financial made its initial investment in Paytm in February 2015 while Alibaba Group will become a new investor in Paytm after the completion of the transaction. The fresh capital infusion will allowRead More

Alibaba Moves From Online To Offline; Invests $4.63 Bn in Suning Commerce

Alibaba Moves From Online To Offline; Invests $4.63 Bn in Suning Commerce

August 10, 2015 at 9:44 pm 0 comments

Alibaba Group Holding and Suning Commerce Group today announced that Alibaba will invest approximately $4.63 billion for a 19.99 percent stake in Suning, one of the largest consumer electronics retail chains in China. After the closing of the investment in Suning, Alibaba will be the second-largest shareholder in the company.Read More

Alibaba Appoints Michael Evans Of Goldman Sachs As President

Alibaba Appoints Michael Evans Of Goldman Sachs As President

August 5, 2015 at 8:25 am 0 comments

Alibaba Group today announced the appointment of Michael Evans as president, Alibaba Group, effective immediately. He will take care of international growth strategy. Evans will continue his service as a management member of the Alibaba Group board, having previously served as an independent director since the company’s initial public offeringRead More

Daniel Zhang Appointed CEO of Alibaba Group

Daniel Zhang Appointed CEO of Alibaba Group

May 12, 2015 at 4:46 am 0 comments

Daniel Zhang, currently COO of Alibaba Group has been appointed CEO of Alibaba Group, replacing Jonathan LU, the current CEO. Current CEO, Jonathan Lu, will work with Daniel to ensure a successful transition in the coming months. Jonathan will remain on the board of directors of Alibaba Group as viceRead More

Alibaba Group invests $590 mn in Meizu

Alibaba Group invests $590 mn in Meizu

February 10, 2015 at 2:02 pm 0 comments

Alibaba Group Holding has announced that Alibaba Group has agreed to invest $590 million for a minority stake in Meizu, one of China’s leading smartphone manufacturers. As a result of the investment, Alibaba Group and Meizu will collaborate at both strategic and business levels to achieve a deeper integration ofRead More