China’s largest e-commerce company Alibaba is expanding its footprints to South East Asia. It has announced buying a controlling stake in online retailer Lazada for about $1 billion.
Wearable devices startup GOQii has named former Google executive Amit Singhal on its board. Singhal, who is also an angel investor in GOQii, resigned as head of Google’s flagship search business in February after spending over 15 years in the company.
As the new financial year dawned, Indian cigarette makers suspended production over what they said was ambiguity in the government’s new health warning rules for cigarette packs.
Under the Smartbox model, your package is delivered to a pickup spot, chosen by you at the time of making the booking. After receiving the intimation of delivery at the location, you can go there at your convenience, swipe your card to pay the amount and pick up your package.
France topped in the number of outflow of millionaires from the country in 2015, followed by China, Italy and India.
London-based startup GoCardless has announced raising $13 million in a funding round led by Notion Capital to extend its service to new geographies. The total funding received by the venture has now touched $25 million. Set up in 2011, GoCardless offers an alternative to card payments by offering bank-to-bank payments online, also known as Direct Debit.
Ace shooter and India’s first individual Olympic gold medallist Abhinav Bindra has launched a venture fund to invest in startups.
Is the mobile phone becoming the most important thing in our lives? Perhaps, so, if the findings of a recent study are to be believed. Nearly a third (32%) of Britons admitted in a recent study that they cannot live without their mobile phones.
Tata Consultancy Services (TCS) has been named among the top employers in the United States for 2016 by the Top Employers Institute, an employer certification agency.