Paytm’s parent firm One97 Communications has a new board member in Pallavi Shroff. The company is banking on the managing partner at law firm Shardul Amarchand Mangaldas to drive the next phase of growth.
Alibaba Group Holding will pay about 5.45 billion yuan (625.62 million pounds) for a 15 percent stake in China's Easyhome, a home improvement chain, as the internet giant expands its investments in offline businesses.
Lululemon filed a lawsuit in US federal court in Chicago against alleged counterfeiters in China and abroad. The lawsuit alleges groups and individuals are selling knockoff product online through unauthorized websites.
Luxury goods authentication start-up Entrupy has announced the expansion of its operations to Japan, positioning it to combat the distribution of counterfeit high-value goods in one of the largest luxury resale markets.
A unit of China’s Alibaba has invested $146 million in Indian online grocer BigBasket, strengthening its position in the country’s online retail space and potentially posing a challenge to U.S. rival Amazon.com.
Alibaba Group Holding Ltd , China's biggest e-commerce company, reported a 56 percent increase in third-quarter revenue, beating analysts' expectations as the firm shrugged off any concerns about a market slowdown.