China e-commerce firm JD.com to launch credit-scoring rival to Alibaba's

Last Updated: Friday, June 26, 2015, 14:05

JD-ZestFinance Gaia and competitor Sesame Credit, part of Alibaba-affiliated Ant Financial Services Group, hope to use the e-commerce sites` vast swathes of shopping data to turn out a reliable credit risk score.

Alibaba Group launches Internet bank

Last Updated: Thursday, June 25, 2015, 17:54

Chinese e-commerce behemoth Alibaba on Thursday launched an Internet bank aimed at serving small businesses which often struggle to obtain credit from large banks.

Alibaba affiliate launches Internet bank for SMEs, "little guys"

Last Updated: Thursday, June 25, 2015, 16:16

Alibaba Group Holding Ltd`s financial affiliate launched on Thursday Internet bank MYbank, targeting the small- and medium-sized Chinese enterprises that have struggled to obtain credit from major financial institutions.

Micromax in talks to sell one-fourth stake to Alibaba: Report

Last Updated: Thursday, June 25, 2015, 14:45

Home-grown handset maker Micromax is in talks to sell one-fourth stake to Chinese e-commerce major Alibaba, as per a report in a national financial daily.

Alibaba and Ant Financial to invest $1 bn in mobile platform

Last Updated: Tuesday, June 23, 2015, 17:41

China's e-commerce giant Alibaba and a financial affiliate part-owned by its chairman Jack Ma will pour nearly USD 1 billion into a local services mobile platform to compete with rival Tencent.

Alibaba Group sells off US arm 11 Main

Last Updated: Tuesday, June 23, 2015, 17:24

China`s e-commerce titan Alibaba said Tuesday it is selling its US shopping subsidiary 11 Main only a year after launching it, having reportedly failed to gain traction in the market.

ICICI Bank to offer quick loans, discounts to Alibaba members

Last Updated: Monday, June 22, 2015, 18:50

The largest private sector lender ICICI Bank on Monday entered into a partnership with the largest online marketplace Alibaba.Com, under which small businesses who are members of the Chinese e-commerce major can avail of faster loans.

Hong Kong bourse to review listing rule, after Alibaba IPO loss

Last Updated: Friday, June 19, 2015, 18:30

"We are considering proposing that, generally, "one share, one vote" should prevail but that weighted voting rights structures should be allowed for certain companies in certain circumstances and with certain safeguards," HKEx`s head of listing David Graham said in the statement.

Still an underdog, but China govt deals help Alibaba's cloud ambitions

Last Updated: Friday, June 19, 2015, 08:27

Alibaba this week scored a minor deal with China`s northeastern port city of Dalian to build a cloud computing centre and provide online government services such as bill payment.

Japan`s humanoid robot `Pepper` set to hit stores

Last Updated: Thursday, June 18, 2015, 16:29

Japan`s SoftBank said Thursday that its chatty humanoid robot Pepper would go on sale this weekend, as it announced a deal with China`s biggest e-commerce website Alibaba and a Taiwanese manufacturer to work on robotics technology.

SoftBank launches robot venture with Alibaba, Foxconn

Last Updated: Thursday, June 18, 2015, 11:39

SoftBank said it would have a 60 percent stake in the joint venture, with Alibaba and Foxconn holding 20 percent each.

Alibaba to launch Netflix-like video streaming service in two months

Last Updated: Sunday, June 14, 2015, 20:17

Alibaba Group Holding Ltd will launch an online video streaming service in China in about two months, hoping to emulate the U.S.`s Netflix Inc and HBO, the firm`s head of digital entertainment said on Sunday.