Alibaba Moving to Russia

Alibaba Teams Up with Russia

Chinese e-commerce giant Alibaba Group Holding Ltd. agreed to take a 10% stake in one of Russia’s biggest tech players—a commercial tie-up that comes as both countries move to strengthen geopolitical bonds. The stake in Mail.Ru Group Ltd., one of Russia’s earliest and most prominent internet firms, would be worth about $484 million...

By | September, 12, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Walmart Versus Amazon

Walmart Expands E-Commerce Ambitions

Walmart has been actively expanding its effort to boost its e-commerce operation recently, as the company looks to better compete with online retail giant Amazon. This week, it announced two new initiatives: its subsidiary, Jet.com, will acquire Mod Cloth - a bohemian vintage clothing brand selling primarily online, as reported by Jezebel. In addition, it plans to invest $863 million in Walmart de Mexico in 2017, according to The Wall Street Journal...

By | March, 21, 2017|Categories: Articles, Featured|Tags: , , , , , |0 Comments