Jun 25, 2020 04:11 PM IST SoftBank CEO Masayoshi Son to step down from Alibaba’s board: Report This follows last month’s announcement the Alibaba’s Jack Ma will be leaving SoftBank’s board.Jun 17, 2020 06:35 PM IST India China tension Startups may find it more difficult to attract Chinese funds Revised FDI norms had slowed down approvals, the border clash will make it even more difficult to get Chinese investment, say experts.Jun 09, 2020 08:35 AM IST Alibaba says cloud unit to recruit 5,000 staff globally this financial year “The digital transformation journey for businesses in China, which was previously expected to take three to five years, is now likely to be accelerated to be completed within one year,” said Jeff Zhang, president of Alibaba Cloud Intelligence.Jun 08, 2020 03:56 PM IST Jio Platforms will supercharge India’s startup ecosystem Jio Platforms is a tale of the triumph of chutzpah. When the rest of the world has been cowering, frantic about survival, Jio has put together one of the largest technology funding deals in historyMay 20, 2020 01:40 PM IST Alibaba to invest $1.4 billion in AI system for smart speakers The announcement comes as the e commerce giant continues its push into new technologies and business sectors beyond online shopping.May 20, 2020 09:25 AM IST Indian companies can learnfrom their Chinese counterparts in raising capital from the US It’s partly because an Alibaba and Baidu could raise big capital from the US market that they have reached where they are todayMay 18, 2020 07:45 AM IST SoftBank proposes three new board members as Alibaba’s Jack Ma resigns The departure of Ma, who retired as Alibaba’s executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy.May 05, 2020 04:48 PM IST Exclusive Startup deals trip on China FDI rule The changes that require the government’s approval for Chinese investments have put in doubt dozens of new investments and top ups.Apr 20, 2020 09:29 AM IST Alibaba says to invest $28 billion in cloud computing services The plan comes as the coronavirus pandemic has increased demand for cloud services and data centres.Mar 31, 2020 10:50 AM IST Alibaba plans to buy at least 10% stake in Chinese courier Yunda: Sources Alibaba is looking to buy the stake from Yunda’s controlling shareholders founding couple Nie Tengyun and Chen Liying who own 52.19% of Yunda through their wholly owned firm Shanghai LuoJieSi Investment Management, said one of the people. At the current market price, the stake would be worth at least $790 million.Mar 23, 2020 10:19 AM IST Covid 19 pandemic China’s propaganda machinery is in full swing The pandemic is seen as offering an opportunity for China to push Chinese President Xi Jinping’s rhetoric of a “community of common destiny” part of the narrative of the Belt and Road Initiative as a way of framing China’s help to the outside world.Jan 08, 2020 08:00 AM IST Alibaba undercuts Amazon in Europe to woo wary brands A flood of small businesses have joined its European platform, AliExpress, in recent months but some larger brands are holding back, according to the sources.Dec 30, 2019 01:29 PM IST MSME sector poised for mega transformation in 2020 The Centre envisions a contribution of USD 2 trillion from micro, small and medium enterprises (MSMEs) as India eyes becoming a USD 5 trillion economy by 2024.Dec 13, 2019 11:54 AM IST SoftBank backed Paytm raises $660 million The board of One 97 Communications Ltd will allot about 2.6 million shares to the investors, financial data accessed by business intelligence platform Tofler dated December 12 showed.Dec 06, 2019 02:07 PM IST SoftBank’s Masayoshi Son sticks with gut led investing in chat with Alibaba’s Jack Ma SoftBank owns 26% of China’s Alibaba, with its origin in a $20 million investment in 2000, and the stake is now worth more than the Japanese firm’s market capitalization..
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