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Alibaba International announces pilot launch of AI suite

News | Online Payments | 06 Nov 2023

Alibaba International has announced the pilot launch of Aidge, a commerce-centric, artificial intelligence-powered suite of APIs that intends to simplify global operations for enterprises.

SMEs, product launch, artificial intelligence, API, ecommerce launches new B2B sourcing tools

News | Payments General | 11 Sep 2023 has announced the launch of its new suite of B2B sourcing tools in order to improve procurement efficiency and the sourcing experience of clients.

product launch, B2B payments, mobile payments, online payments, digital payments, supply chain finance

Alibaba opts out of Ant Group stock buyback

News | Payments General | 24 Jul 2023

China-based Alibaba has announced it will not take part in the previously announced share buyback of its fintech arm, Ant Group.

regulation, payments , investment, bigtech, compliance, ecommerce

ITC and to support MSMEs in embracing digital trade

News | Ecommerce | 04 Jul 2023 has signed a Memorandum of Intent (MOI) with International Trade Centre (ITC) to encourage MSMEs to take part in the global digital trade.

Alibaba, ecommerce, digitalisation, SMEs, online shopping

Alibaba sells Paytm stake worth USD 125 mln

News | Ecommerce | 13 Jan 2023

China-based Alibaba Group has sold a 3.1 percent stake in India-based digital payments company Paytm worth USD 125 million through a block deal.

payments , ecommerce, cross-border ecommerce, marketplace, digital payments

Alibaba launches Daraz Flex, an outsourcing platform for Southeast Asia

News | Ecommerce | 04 Nov 2022

Alibaba has rolled out Daraz Flex, an outsourcing platform allowing users to earn money by completing tasks such as working as a last-mile delivery person or warehouse assistant.

ecommerce, gig economy, product launch, Alibaba

Ant Group's e-wallet Dana raises USD 250 mln from Lazada

News | Mobile Payments | 11 Aug 2022

Digital wallet DANA  has raised USD 250 million from local conglomerate Sinar Mas and Lazada Group to expand in Indonesia.

e-wallet, funding, investment, mobile payments and Kyto enter into ecommerce partnership

News | Ecommerce | 28 Jul 2022

B2B ecommerce marketplace has announced collaborating with Germany-based MarTech company Kyto to enable German B2B companies to set up their own digital shop.

partnership, ecommerce, payment processing, cross-border payments, B2B payments