E-business
US e-commerce giant Amazon initiates talks to buy Jabong for $1.2 bn
27 Nov 2014
Amazon is reportedly in early stage talks to acquire Jabong.com for around $1.2 billion – a move designed to ward off stiff competition from entrenched rivals Flipkart and eBay-backed Snapdeal
Alibaba’s Jack Ma looks to work with Indian businesses
26 Nov 2014
Alibaba Group founder Jack Ma today said over 400,000 Chinese consumers bought Indian products like spices and chocolates, while Indian tea was in great demand in China
Future Group chief Biyani reveals worries over e-competition
18 Nov 2014
Kishore Biyani, founder, Future Group, one of India's largest and most established brick-and-mortar retail groups, says retailers are unable to keep up with online sellers in spending money to entice shoppers
Alibaba’s Singles' Day sales cross $5.9 bn
11 Nov 2014
Jack Ma's e-commerce giant Alibaba says it sold over $5.9 billion worth merchandise within 14 hours today, at a sale to mark the Chinese Singles' Day festival
Flipkart to raise another $1 bn; eyes over $10 bn valuation
10 Nov 2014
Over the next three years, the market valuation of Flipkart is expected to cross $25 billion, positioning the company for a US listing
Japan’s SoftBank pushes $10-bn India online market plans
28 Oct 2014
Japanes telecom firm SoftBank, which has already invested $627 million in Snapdeal, is looking for investment opportunities in India’s telecom and e-commerce space
Japan’s SoftBank pushes $10-bn India online market plans
28 Oct 2014
Japanes telecom firm SoftBank, which has already invested $627 million in Snapdeal, is looking for investment opportunities in India’s telecom and e-commerce space