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WPP acquires Cloud Commerce Group

CCG is a leader in multi-channel e-commerce software

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Jack Ma praised a key rival. A day later, it overtook Alibaba as China's most valuable e-commerce company.

PDD's market cap is nearly $185 billion, while Alibaba's market cap is nearly $184 billion.

Huileng Tan   


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Alibaba to make significant job cuts amid IPO plans

Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 per cent of its …

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Alibaba jumps as cloud business reports first-ever quarterly profit

Alibaba reported a $3 million profit from its cloud business for the December quarter on record-bre…

Will Daniel   


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Alibaba Group is set to hire 5,000 technology professionals globally for its cloud business

Alibaba Group on Tuesday (June 9) announced that its Cloud business is set to hire 5,000 people thi…

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Why everything from Netflix to Nintendo goes offline when Amazon's servers have issues

When Amazon's web hosting servers had issues on Tuesday, it caused dozens of major services to go d…

Ben Gilbert   


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Legendary investor Bill Miller lost 90% of his fortune in the late 2000s. Bitcoin and Amazon stock have made him a billionaire.

Miller says his bitcoin holdings are worth more than his Amazon stake, which made up 83% of his per…

Theron Mohamed   


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Amazon CEO Jeff Bezos championed invention, failure, and customer obsession in his 24 shareholder letters. Here are the 25 best quotes.

"I constantly remind our employees to be afraid, to wake up every morning terrified. Not of our com…

Theron Mohamed   


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Adani Group to invest $20 billion in renewable energy in 10 years

Speaking at a JP Morgan event, Adani said the group is already the world's largest solar power p…

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3 mins read

Alibaba Cloud is trying to woo Amazon's customers in the most Chinese way possible

The selling point for Alibaba Vice President Feifei Li is not very different from any other Chin…

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Here’s why Intellectual Property Rights is gaining more importance and how the dynamics have changed

The capital accumulated was utilized in buying land for factories, erecting buildings to house t…

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Innovation Inc: More Google Cloud customers and the difficulty of scaling digital overhauls

Major League Baseball and Bed, Bath, & Beyond both recently signed up for long-term contracts with …

Joe Williams   


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Weilun Soon   


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Alibaba Cloud invests $283mn to empower global partners

Bengaluru, June 16 (IANS) Alibaba Cloud, the data intelligence backbone of Chinese e-commerce giant…

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BoA saving billions on the cloud; the Kabbalah connection

As my colleague Casey Sullivan wrote, the two Apollo veterans tasked with putting that massive pool…

Olivia Oran   


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Alibaba Cloud's $30 million programme to benefit small and medium-sized enterprises in India

The company is offering a $300 coupon package for all new SME customers, and a $500 coupon for…

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4 mins read

Radhakishan Damani’s strengths are being put to test, and along with it, DMart’s resistance to e-commerce

With coronavirus pandemic taking a toll on offline retail stores, competition rising from Relian…

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1 min read

Google and Amazon in race to buy Tata's data centre, a deal worth whooping Rs 4k crore!

They are looking to buy up to 74% stake in the data centre unit and take control of the business th…

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7 mins read

These 6 Digital Businesses Are Now Flush With VC Money

Internet businesses in India seem to have reached a tipping point, going by the kind of venture cap…

Allana Akhtar