According to reports, Yahoo might be considering to put itself or its core businesses up for sale. This could include selling off Yahoo’s internet business, spinning off its shares in Alibaba, or doing both.
Yahoo has been deteriorating slowly through the years, and CEO Marissa Mayer had been given several years to work on it, in the hope to turn things around. Despite all of that, Yahoo’s biggest asset remains its stake in Alibaba. The company was planning to spin off its holdings in Alibaba for a while, however, the plan was never executed due to tax concerns.
‘Make in India’ is an initiative that was started back in September 2014 by the Prime Minister of India, Narendra Modi. The primary objective of this initiative is to create manufacturing firms within India to create more job opportunities and enhance the skills of the people of India across different sectors like automobile, aviation, biotechnology, defence manufacturing, mining, oil and gas, ports, railways, textile and much more. With this initiative, the Government of India hopes to bring in high-quality standards and minimise the impact on the environment.
The scope and potential, the breadth and length of infrastructure [...]
The widely popular Chinese electronics manufacturer Xioami is making headway into the finance sector with the launch of a new product service. Termed as ‘Huoqi Bao’, the newly launched personal finance service will offer deposit rates higher than the traditional Chinese banks. The recently inaugurated financial unit by Xiaomi pits it against the big players in the online finance arena like Alibaba, Tencent and Baidu.
The China’s Apple has collaborated with a fund management company called E Fund Management that, as per Xiaomi, will expand into offering personal lending and security brokerage in the [...]
Asia’s largest e-commerce name Alibaba is keen on entering the Indian market. With all the buzz around the online space, a new pro-investment Prime Minister and the booming Mobile phone market in India, Alibaba has found a secret route to enter.
Sources claim that Chinese search and e-comm giant Alibaba will invest heavily in Micromax, acquiring upto 20 % stake in the Indian bred company. A deal that would cost the company over $ 1.2 Billion, would allow the chinese giant easy access into the market which is tough to get into for new companies.
Alibaba has also been in the news recently for investing in brands like Ouya, Meizu and Snapchat. Micromax is one of the [...]
Mobile payments have now been around for a while. A large number of users have by now grown accustomed to paying for their shopping through their phones. Apple and Samsung have also introduced new technologies that lets you use your phone as a credit/debit card. But the Chinese e-commerce company, Alibaba, has given a whole new look to mobile payment and has made spending your hard earned cash more fun.
RT @Alizila: Jack Ma demonstrates the future of payment technology @cebit pic.twitter.com/2jObS8YwtU #CeBITopening
— CeBIT (@cebit) March 15, 2015
Alibaba founder Jack [...]
Alibaba, the Chinese e-commerce giant, has been trying for a while to put its foot in the profitable smartphone business. The company created a record last year with the biggest IPO ever worth $25 Billion. Alibaba is now betting big on Chinese smartphone maker Meizu and has invested a sum of $590 Million in the company.
Through this merger, Alibaba would try to take its operating system Yun OS further in the market. The os is based on the Android platform and provides cloud-based features like e-mail, Web search, weather updates, and GPS navigation tools. It is also called Aliyun OS. Google had previously dissuaded Acer to ship devices based on Aliyun as it was incompatible [...]
Drone technology has taken the market by a blow. And why not, there are endless possibilities through which this technique can come to use. Now, e-commerce giant, Alibaba is set up to try drone technology for deliveries in China.
Alibaba is partnering with Shanghai YTO Express Logistics to deliver ginger tea packets to the customers who volunteered for the drone test. The remote-controlled drones will transfer packages to 450 Chinese customers today in Beijing. These drones will fly from the warehouse of Shanghai YTO Express Logistics to different destinations. A deliveryman will stand at the final spot waiting for the [...]