KATHMANDU, March 10: Daraz, an e-commerce platform, owned by the Chinese e-commerce giant Alibaba operating across several South Asian countries along with Nepal, has announced a new round of lay-offs.

KATHMANDU, June 29: Jack Ma, the co-founder of Alibaba, has wrapped up his private visit to Kathmandu and moved on to Pakistan.

China has imposed fines on technology giants Alibaba (9988.HK) and Tencent (0700.HK) as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country's market regulator said on Sunday.

KATHMANDU, Nov 2: Daraz, Nepal’s leading online shopping platform will launch its annual 11.11 sale on November 11.

NEW DELHI, July 26: An Indian court has summoned Alibaba and its founder Jack Ma in a case in which a former employee in India says he was wrongfully fired after objecting to what he saw as censorship and fake news on company apps, documents seen by Reuters showed.

HONG KONG/NEW YORK, Aug 21: China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters.

Online shopping in Nepal: Trick or Treat?

November 16, 2018 08:32 am

There’s something wonderful about the approach to the turn of the year – especially the month of November. It’s not the magical lights of various festivals like Diwali or Christmas or the gradual onset of winter but the festival discounts that have come to be seen as the hallmark of the season. If you watch TV (or even if you don’t) or dabble in social media, the scent of commercialization is unmistakable – films release around this time of the year and there are bumper deals to be had on everything from mobile phones to electronics to cars.

Alibaba Singles' Day tops $30 billion

November 12, 2018 10:30 am

Alibaba recording $10 billion in sales in just one hour as shoppers around the world snapped up hot items including iPhones, furniture and milk powder.

Asia’s digital revolution shows no signs of slowing down. From e-commerce giants like China’s Alibaba and Japan’s Rakuten to ride-hailing, and digital payment tech startups, like Indonesia’s Go-Jek and India’s Paytm, and the widespread use of industrial robots for manufacturing, digitalization is changing the way the region’s businesses operate.

DELHI, Sept 9: The co-founder and executive chairman of China's Alibaba company, Jack Ma, has said that he will not be "stepping down" from his post on September 10, as was reported earlier, but instead will present a strategy for the gradual succession of company leadership, according to a spokesperson.

KARACHI: Chinese ecommerce giant Alibaba acquired Pakistan-based leading online retailer Daraz Group for an estimated $150 to $200 million a couple of months after it announced a multibillion rupees investment in acquisition of 45 percent stake in a local financial service, industry officials said on Tuesday.