Free Press Journal
  • The growing charm of online shopping fests the worldover

    Bengaluru : Late last year, business reporters from across the world were invited to Shanghai — China’s largest city — to witness the people of the most populous country in the world shop relentlessly for 24 hours. Chinese e-commerce giant Alibaba, one of the world’s largest retailers, has been celebrating the country’s ability to buy in abundance through its shopping fests since 2009. Through its 11.11 shopping festival, held on November 11

  • Alibaba could invest $300m in BigBasket

    Fund infusion gives online grocer more muscle to take on local rival Grofers, and helps the Chinese firm battle Amazon in India.

  • Alibaba likely to surpass Walmart as world’s top retailer

    Beijing: Chinese e-commerce giant Alibaba is expected to surpass the US multinational firm WalMart soon as the world’s largest retail platform with its total trading volume this fiscal year set to exceed USD 463.3 billion, an official media reported today.