Alibaba News & Updates

You forgetting, they are Chinese :|
They might come up with something that wud be a hit in China but i doubt the rest of the world wud hop onto that bandwagon.
 
But, they surely attract some section of our consumers, don't they?
 
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Alibaba is operational in India? I never knew it was. I thought it was Chinese giant.
 
Alibaba Group Holding Ltd.’s finance arm, Ant Financial Services has acquired 25% stake in One97 Communications Ltd (Paytm).

Ant, which runs the Alipay online payment platform, will provide Paytm with strategic and technical support for its business.

Paytm will use the fund to grow its userbase (it already has 23 million wallet users in India). Paytm is also applying for the Payments Bank license.

Source

Interesting. Or maybe just looks interesting. May not even have any effect on Paytm.
 
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