Alibaba Investing in Paramount’s Mission: Impossible – Rogue Nation


Alibaba Pictures, the film and TV production arm of the Chinese e-commerce giant has announced that it will be making an investment in its first Hollywood movie. It will be tying its boats along...

eBay DOJ Settlement approved by US Judge


The antitrust people and the company eBay were at loggerheads until recently when matters were finalized between the two. A US judge has given the thumbs-up sign to both parties for settling the...

Alibaba Invests $215 Million that Helps Raise Tango $280 Million


It’s a real good time for Tango. The social chat app has easily raised the huge amount of $280 million in its Series D round of venture funding. Actually China's giant online retailer firm AliBaba is...

Alibaba Group to be a Major Shareholder of AutoNavi


The Alibaba group, which is an Internet colossus of Chinese origin, has just gained acquisition of about one third of the stakes in AutoNavi, a navigation tool-making company. The news according to...