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.
Last Updated: Thursday, April 2, 2015, 16:37
It will let users smooth the process of making payments, bypassing the need for passwords.
Last Updated: Thursday, February 5, 2015, 17:37
Alibaba is the world's biggest e-commerce firm, which raised USD 25 billion through IPO in the US last September -- the largest by any firm globally.
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