Tag Archives: Alibaba

Alibaba is reportedly in talks to invest US$ 3 billion (S$ 4.1 billion) into Southeast Asian ride-hailing giant Grab Holdings. That’s a fifth of Grab’s last known valuation of US$ 14 billion (S$ 19.1 billion) The e-commerce giant will be acquiring a percentage of the Grab stock held by Uber …

Alibaba is one of the world’s biggest e-commerce companies providing solutions and products that are easily accessible to the masses. Alibaba Cloud is the cloud computing arm of Alibaba Group, which raked in a revenue of USD3.68 billion in 2019 alone—an 84% increase from 2018. Due to COVID-19, they’re offering …