Tag: Alibaba

An optimist finds an opportunity in every failure. Flip-flops are an integral part of life. But, few men stand out of crowd to extract the optimum from the foreseen opportunity. After ten times rejection from the Harvard University, he never gave up. Though he did not enter the Harvard; his accomplishments brought him a Doctorate from Hong Kong University...

The smart speaker wars are raging as the market is getting more competitive with every passing month.Amazon was the first to start the craze with its Alexa-powered Echo smart speakers but now its grip on the voice-enabled AI speakers market is slipping due to the rise of big shots such as Google and Apple with their own offerings. Besides,...

The startup ecosystem in India has been growing leaps and bounds for the last five years, despite all challenges, criticism and corrections. It is proven once again as the poster boy of digital wallet revolution in India, Paytm, has helped Reliance Capital to pocket 275 crore (approx. US$350 million) aginst their investment of mere Rs. 10 crore ($1.35 million).According to people...

Amazon.com, Inc. (NASDAQ:AMZN) played its best card by finally lashing out against fake products and merchandise, reports Bloomberg. Reports were ablaze of fake products being sold on this platform, but now Amazon has pulled the chord to ensure only genuine products and merchandise.The world's biggest online retailer will now create a brand registry where every brand, whether they are...

Believe in yourself is the most underestimated quotation of all times. As a startup owner, although, this might just be your mantra. There are several reasons why a startup fail, but there are a million reasons why they succeed. History has been a witness to many famous entrepreneurs, whom we know today as leading men of the tech industry,...

On Nov 2, a report on the implementation of the law on the protection of the rights and interests of consumers was presented to a standing committee of National People’s Congress (NPC) of China. The report outlined the flaws and shortcomings in country’s mounting online retail businesses. According to the report, China has leapfrogged US to become the world’s...

Chinese eCommerce Giant Alibaba and Bangalore-based mobile and analytics solutions company Globals ITeS are coming together to start a startup incubator in Bangalore. The incubator will solely focus on mobile internet and mobile commerce, says TOI.World's youngest entrepreneur and also honoured as "Young Global Leader" by World Economic Forum in 2008-09, Subhas Gopinath, founder of Globals ITeS, has shaken hands...

After the Friday of 19th September, the company which is on everybody’s mind is none other than Alibaba Group Holding Ltd. (NYSE:BABA). This emerging market’s enterprise has created a history in the NYSE by the launch of the biggest Initial public offering (IPO) in the US history by raising a whopping $21.8 billion. This Chinese e-commerce giant’s listing on the...

The ringing of the morning bell of NYSE on 19th September by Aibaba Group Holding Ltd. (NYSE:BABA), the Chinese e-commerce giant marked the launch of biggest Initial Public Offering (IPO) in US history. The company raised $21.8 billion on the first day of its trade increasing its market capital value to $231 billion and putting it among the top 20 biggest...

In last one year Yahoo has significantly lost its credibility in front of investors as well as market. By Q3 of this year, revenue had dipped by 5% year over year and its net earning reduced by 26 percent. Taking the view of loosing market credibility and share, company is considering to sell bulk of its valuable holdings in...

It seems like Microsoft is again in gearing for another acquisition. In May this year, company pocketed Skype for a whooping $8.5 billion as late June it acquired Prodiance - a software company. Its being reported that company is going to renew its bid to acquire Yahoo. In 2008, Company had made a failed attempt to so the same...