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Alibaba Eyeing On Bangladesh

Chinese e-commerce giant Alibaba is now eyeing to enter Bangladesh. Currently, Alibaba is collecting information about the Bangladeshi market which will help them to take the next steps. Chinese e-commerce company Alibaba Group Holding transacted $390-billion in last year and is planning to achieve $1-trillion in "sales" in the next five years from markets around the world, including Bangladesh.
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Alibaba, Tencent and Baidu May Enter 2016 With $80 Billion Available To Shop With

Chinese internet giant Alibaba, will enter 2016 with a staggering $36 Billion available for acquisitions and investments. Alibaba along with two other Chinese internet behemoths, namely Tencent and Baidu, may have as much as $80 billion available for mergers and Possessions. This cash amount in one place is more than the net worth of many prominent corporations.
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Alibaba Launches Services For Indian SMEs

Chinese e-commerce giant Alibaba.com has launched a slew of service, called SMILE, for Indian SMEs. The program will offer solutions like financing, logistics, certifications and technology. Alibaba is partnering up with companies like ICICI Bank, Kotak Mahindra Bank, Crisil Rating, Tally, Capital Float Jeena, SGS and Mypacco, who will provide finance, credit rating, online lending, and transportation support to SMEs.
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Alibaba To Buy Youku For $4.4b

Alibaba announced on Friday that it has gone through with its plans to buy Youku-Tudou, China’s biggest video streaming company, at a valuation of about $ 4.4bn. The deal was unanimously voted for by Youku’s board. However the deal remains prone to complications because of the fact that Youku is a publicly-listed company.
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Alibaba Nets $3.58 In Revenue For Q2 (2015)

World’s largest e-commerce company Alibaba has registered a 32% increase in revenue on the year-on-year basis. The company has grossed $3.488-billion in revenue, crossing the $3.39-billion figure estimated by analysts. Last month, the company announced that its sales were heading down the slope, but still it managed to register a 28% increase in Gross Merchant Volume(GMV) to reach $112-billion.
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Alibaba To Open 2nd Cloud Center In The U.S.

To compete with the likes of Amazon, Alibaba is going to open its second data center in the U.S. Alibaba is investing US$1-billion to set up the data center, which will provide affordable, secure, and mission-critical cloud computing. This is Alibaba’s ninth data center globally. Currently, Alibaba has data centers in Beijing, Hangzhou, Hong Kong, Shenzhen, and Shanghai.
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Alibaba Invests In Startup Light Chaser’s First Feature Film ‘Little Door Gods’

In order to tap into China’s massive movie industry, Alibaba’ film unit, Alibaba Pictures Group Ltd. is planning to team up with a Beijing-based startup Light Chaser Animation Studio. Alibaba has signed a deal to invest in the startup’s upcoming movie—Little Door Gods. Last year, Light Chaser raised $20 million funding from GGV Capital and Chengwei Capital.
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Alibaba Makes $4.5 Billion Investment In Electronics Retailer

Alibaba recently announced a $4.5 billion investment in Suning Commerce Group, a leading electronics retailer in China (FXI). This partnership will benefit both Alibaba and the electronics retailer tremendously. Alibaba will get access to Suning’s strong logistics network of distribution centers. In return, Alibaba will have a dedicated new section for Suning to sell consumer electronics.
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