• COMPUTERS
    Alibaba Group Expands Presence in Australia, New Zealand

    Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the two countries. The group’s billionaire founder Jack Ma, who spent time in Australia as a young man, said he hoped the […]

  • NEWS
    Alibaba Challenges Amazon, eBay in the US With New Online Marketplace

    Alibaba Challenges Amazon, eBay in the US With New Online Marketplace China’s e-commerce giant Alibaba has launched an American shopping website as the company continues a deal binge ahead of a widely anticipated US listing. The online shopping site, called 11 Main opened on a beta, or test, basis for consumers and is invitation-only in […]

  • ALL DEALS
    Magic Leap raises $793.5 million from Alibaba, Google, Qualcomm

    Magic Leap is promising to create a headset that would use a type of light-field technology to simulate 3-D images superimposed on the real world. New York: Magic Leap Inc., the mysterious startup working on a device that simulates reality, has raised $793.5 million in a new round of funding led by Alibaba Group Holding […]

  • NEWS
    Alibaba in talks to buy Flipkart stake

    Jack Ma, founder of Alibaba Group. If the Flipkart-Alibaba deal goes through, it will make Alibaba one of the three most important investors in India, along with Tiger Global Management and Japan’s SoftBank Group. Photo: Bloomberg New Delhi/Bengaluru: China’s Alibaba Group, which has backed Paytm and Snapdeal, is looking to increase its footprint in India […]