Alibaba Group

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Alibaba Group Generated RMB268.4 Billion (US$38.4 Billion) of GMV During the 2019 11.11 Global Shopping Festival

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The 11.11 shopping festival began in 2009 with participation from just 27 merchants as an event for merchants and consumers to raise awareness about the value of online shopping.

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Paytm marches ahead in its promise of making India a cashless economy

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In yet another move towards strengthening its offline presence, Paytm, India's leading payments company, has partnered with Mother Dairy, a wholly-owned subsidiary of the National Dairy Development Board (NDDB).

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Alibaba Group in talks to acquire stake in Flipkart

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After backing eRetail giants Paytm and Snapdeal, the Chinese conglomerate is now exploring opportunities to acquire stake in one of India's largest online marketplace Flipkart.