China's Smartphone Market Takes Massive Hit with 200 mn Less Handsets to Sell This Year
1Min Read
The Shanghai lockdown could reduce production by five per cent this quarter.
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China's Social Commerce Sales to Soar by 36 pc to $363 billion in 2021, Ten Times the US Figure
1Min Read
The US will take the lead in retail sales in 2021, with $5.506 trillion against China's $5.13 trillion. But China's e-commerce sales will outperform the US by a $2 trillion margin.
Xiaomi mulls setting up TV manufacturing in India
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In the past, speaking to the media, Xiaomi India Head Manu Jain had said the firm would consider manufacturing TV locally but that would completely depend on the volume of order. "We intend to manufacture more products other than smart phones in India."
What are the Challenges in Apparel and Textile Sourcing?
3Min Read
Despite numerous challenges, the Indian government is taking various initiatives such as apparel parks in various Indian states to promote indigenous textile industry .
India Tops Global Retail Development Index In 2017; Overtakes China: Study
5Min Read
More than USD 200 million invested by PE Firms/Wealth funds
Flipkart eye marks China to get cheaper products
1Min Read
Flipkart has tied up with Chinese bulk sellers, through whom sellers on Flipkart's platform can access and source products.
Lenovo bets on India for sky-rocketing growth
1Min Read
After Lenovo, world's largest PC maker faces fading demand in its home market China, it has high expectations on India where it expects to see a mammoth growth in the coming years.
Alibaba.Com planning on doubling its user base in India
1Min Read
Alibaba group's B2B arm Alibaba.Com today said it aims to more than double its user base in India over the next few years through on-boarding of over 5 million businesses on its wholesale trading platform.
Alibaba to invest beyond Chinese market:CEO
2Min Read
Chinese online shopping giant Alibaba has made clear of its plans to invest heavily in existing and new ventures abroad to expand its reach.
China slaps $129,000 fine on Alibaba
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China has fined 80,000 yuan, ($129,000) on eCommerce giant Alibaba for price violations by third-party sellers on its platform.
Xiaomi to expand operations in India; keeps legal issues aside
2Min Read
China based smartphone firm Xiaomi has comprehensive plans to expand its operations in India, keeping aside the legal challenges faced over patent issues.
Asia to be the largest e-commerce market: Report
1Min Read
In a bid to become the world's largest online market, Asia is all set to surpass North America in the race.
Alibaba to Invest More in India, Help Start-Ups: Jack Ma
2Min Read
Jack Ma, founder of the world's biggest eCommerce firm Alibaba, today said he is keen to invest more in India.
India to have second largest online user-base after China by 2016
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With increasing penetration of mobile broadband and easy availability of low-cost smartphones will help India overtake the US as the world's second largest Internet user-base by 2016
Alibaba to work with PayPal: Report
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Chinese online major, Alibaba Group Holding Ltd is ready to work with eBay Inc's PayPal to expand its payment options, Bloomberg reported, citing an interview with the Chinese e-commerce company's Vice Chairman, says a Reuters' report.
Alibaba bags $7bn sales so far on Singles' Day Bonanza
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Global eCommerce giant, Alibaba so far bagged nearly $7bn of sales on its Day shopping bonanza in China, says a BBC report.
Alibaba hit $9.3 billion sales on Singles Day
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Alibaba Group major shopping shopping bonaza, Singles' day recorded sales of more than$ 9 billion. This online event illustrated the buying power of the Chinese consumer, says a Reuters report.
Alibaba founder Jack Ma becomes China's richest man
1Min Read
Riding the crest of the world's biggest IPO, Jack Ma, founder of e-commerce giant Alibaba, has become the richest man in China with a fortune of USD 24.4 billion, says PTI citing the annual list of the country's wealthiest people.
HNIs, domestic funds eye a slice of Alibaba mega IPO
1Min Read
Indian high-networth individuals and domestic funds are eyeing for a slice of the much-touted mega IPO of Chinese e-commerce giant Alibaba, says a PTI report.
Alibaba's profit triples to $2 billion on the back of mobile
2Min Read
Chinese e-commerce behemoth Alibaba, disclosed that its profit nearly tripled in the quarter ended June 30, to $2 billion.
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