Saturday, 29 November 2014

China's Alibaba plans to invest more in India

TRADE WARS
China's Alibaba plans to invest more in India
New Delhi (AFP) Nov 26, 2014 - E-commerce giant Alibaba's founder Jack Ma promised Wednesday to invest more in India where online sales are soaring, predicting that the Internet will transform the country's future. Ma, on a whirlwind 48-hour trip with a nearly 100-member Chinese business delegation to India, has been scouting for investment opportunities to drive Alibaba's revenues following its record $25-billion initial ... more


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