Tag: alibaba
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The growing charm of online shopping fests
By Bhavana Akella, Bengaluru : Late last year, business reporters from across the world were invited to Shanghai — China’s largest city — to witness the people of the most populous country in the world shop relentlessly for 24 hours. The Chinese e-commerce giant Alibaba, one of the world’s largest retailers, has been celebrating the…
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Alibaba arm offers cloud services to Indian enterprises
Beijing : Chinese e-tailer Alibaba’s cloud computing arm on Wednesday said its new data centre in Mumbai would offer services to Indian enterprises from January. “We will deliver cloud computing services to small and medium size Indian businesses from our new data centre, opening in Mumbai in January, 2018,” said the company in a statement…
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Nestle, Alibaba upgrade partnership to tap Chinese consumption potential
Beijing, (IANS) Nestle and Alibaba on Sunday announced plans to upgrade their partnership. The world’s largest food retailer will launch its biggest e-commerce campaign ever with its diverse products, spanning 30 brands from coffee to baby formula, being sold on Alibaba’s expansive e-commerce platforms such as Tmall, Xinhua reported. “Our partnership with Alibaba is all…
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Alibaba builds apartments to be sold to employees
Beijing : (IANS) Alibaba, China’s biggest e-commerce company, is building apartments to sell to its employees at a discount of about 40 percent, the media reported on Monday. These 380 apartments, ranging from 87-118 sq.metres, are located in Hangzhou, where the company is headquartered. Construction is expected to be completed by 2018, the People’s Daily…