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Alibaba

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Alibaba, Ant Group, Ant Group IPO, Briefing, ByteDance, China, Fintech, India, News, Tencent

Ant Group denies report of stake sale in Paytm

The Alibaba-backed firm hasn’t launched a formal sale process and financial details of the potential deal have yet to be…

Alibaba, Briefing, consumer tech, Kugou Music, Kuwo Music, Netease, News, QQ Music, Xiami Music

Alibaba’s music-streaming platform to reportedly shut down in January 2021

Xiami’s management hasn’t made an official announcement in response to the rumors about its closure. Source link

Acquisitions, Alibaba, Baidu, Briefing, iQiyi, News, Tencent

Alibaba, Tencent halt talks of iQiyi acquisition from Baidu: report

TikTok’s parent company ByteDance has also internally considered acquiring a controlling stake in the Netflix-like video platform. Source link

Alibaba, AliExpress, bans, Briefing, ByteDance, Chinese apps, India, News, taobao live, Tencent Holdings

India blacklists several Alibaba apps in latest Chinese app curb

The latest ban includes Aliexpress and video-based shopping platform Taobao Live. Source link

Alibaba, funding, Newsletter, newsletters, pitch decks, top funding, Venture Capital

A TV shopping firm scored Alibaba funding

These companies raised the most money this week: Mango Excellent Media, Gojek, Cato Networks, and more. Source link

Alibaba, ByteDance, Disney, Hotstar, India, Netflix, Newsletter, newsletters, OTT, Tencent

Why OTT players are jostling to capture India’s massive video-streaming market

Why OTT players are fighting for a slice of India’s growing video-streaming market, and Tencent’s poorly timed announcement of its…

11.11 global shopping festival, Alibaba, China, ecommerce, News, Singles Day

Alibaba rakes in $75b in gross merchandise volume during Singles’ Day sale

This is an increase of 26% compared to the same period last year. Source link

Advertising Revenue, Alibaba, Briefing, ByteDance, Douyin, News, Startups, tiktok

ByteDance to generate over $27b in ad revenue this year, sources say

Douyin, TikTok’s Chinese version, yields almost 60% of the ad revenue. Source link

Alibaba, Ant Group, anti-monopoly, Briefing, China, Internet, internet platforms, JD.com, meituan dianping, News, Pinduoduo, Taobao, Tencent, WeChat Pay

Chinese regulator proposes anti-monopoly rules against internet giants

This may have an impact on Alibaba’s Taobao, JD.com, Pinduoduo, Ant Group, WeChat Pay, and Meituan Dianping. Source link

Alibaba, Briefing, Gaja Capital, investcorp, Investments, News, norwest venture partners, startup funding, startups in india, xpressbees

Alibaba-backed Xpressbees secures $110m in new funding

Private equity funds Investcorp, Norwest Venture Partners, and Gaja Capital together invested the amount to acquire a 31% stake in…