Alibaba to enter the Indian e-commerce market

Chinese e-commerce giant Alibaba plans to enter the Indian e-commerce sector in 2016, to compete with Amazon and home-grown Flipkart, Indian media reported. “We have been exploring very carefully the e-commerce opportunity in this country,…

China Tech Today – Xiaomi loses in India…

The ACT team hand-picks the most readable news of the day from China’s booming tech industry. Don’t miss out on these headlines: [caption id="attachment_2055" align="aligncenter" width="700"] (Baidu Images)[/caption] Xiaomi loses in India after losing top spot…

Huawei chases Xiaomi, makes a move on India

Pan Xu Following the news of China’s largest smartphone manufacturer, Xiaomi saying it would manufacture its India-bound smartphones in India, Huawei has now announced it will produce some of its smartphones in India as well.…

Alibaba takes a stake in India’s largest mobile…

Rhea Liu Alibaba's financial branch, Ant Financial, has acquired 20% of Paytm, an Indian mobile payment platform, for USD 680 million, India’s The Economic Times reported on Tuesday. The investment boosts Paytm’s valuation to USD…