Daniel Zhang to be Alibaba boss when Jack Ma hangs up his boots next year

4 months ago
Jack Ma will step down as executive chairman of Alibaba Group Holding Ltd. in exactly 12 months' time with Chief Executive Officer Daniel Zhang to succeed him at Asia's most valuable company. Ma will remain on the board until Alibaba's annual meeting ... ...

Flipkart deal wrapped, Walmart now eyeing deals in Brazil and Japan

8 months ago
Read more about Flipkart deal wrapped, Walmart now eyeing deals in Brazil and Japan on Business Standard. The wheeling and dealing show how McMillon is focusing on highpotential markets like China and India, finding partners to help it battle online and cutting loose middling businesses. ... ...

Flipkart will become Walmart today: Is that really good news for India?

9 months ago
Read more about Flipkart will become Walmart today: Is that really good news for India? on Business Standard. The sale of Flipkart is not just the sale of one company. It is the beginning of a new tomorrow. It is just that one cannot be sure whether that tomorrow will be better for India than today ... ...

Walmart, Flipkart work on synergies; merger may result in common leadership

9 months ago
Read more about Walmart, Flipkart work on synergies; merger may result in common leadership on Business Standard. A deal with Flipkart and Walmart begun its search for real estate, mostly in Bengaluru to have synergies with ecommerce company. Walmart India and Flipkart could have one common leader for both businesses. ... ...

How SoftBank has spun its web across India's internet companies

9 months ago
SoftBank is the new IPO. For startups struggling to turn in profits, an initial public offering remains an unattractive proposition. With its $100 billion war chest, the Japanese conglomerate is a saviour for such privatelyheld companies both in India and globally. It is a corporate investment arm, a venture fund, a private equity firm and a large conglomerate all rolled into one.   ... ...

As WalmartFlipkart deal nears completion, investors eye Amazon for feelers

10 months ago
Read more about WalmartFlipkart deal on track, but will Amazon pull a googly? on Business Standard. A person close to the developments with whom Business Standard spoke said that the term sheet for Walmart to invest in Flipkart was close to being finalised ... ...

Paytm Mall gets Rs 2900 cr from SoftBank, Alibaba

10 months ago
Read more about Paytm Mall gets Rs 2900 cr from SoftBank, Alibaba on Business Standard. Paytm Mall has raised close to Rs 2,900 crore from SoftBank Investment Holdings and Alibaba.com Singapore Ecommerce, a move that will give the online shopping venture of Paytm more financial muscle to take on giants like Flipkart and Amazon.Market ... ...

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