Chinese e-commerce giant - Alibaba Group

Alibaba.com is an e-commerce site that connects Chinese suppliers with buyers at home and abroad. Today, Alibaba Group is involved in a variety of Web businesses. Its most important elements are its online retail sites: Taobao Marketplace, a large commerce site; Tmall, an online marketplace for name-brand retailers like Apple; and Juhuasuan, a daily deals site similar to Groupon. The company is also affiliated to mobile payments service called AliPay, and it has investments in online video, mobile messaging and cloud computing, among other businesses. The company that started in 1999 by Jack Ma, a former teacher from his apartment in his hometown of Hangzhou, now employs 24,000 workers at its headquarters in Hangzhou and elsewhere, with 25 separate business units. 

Indian Politics Reshaping International Business

With the ongoing slowdown destroying entire generation’s chances of living at developed nation levels of income, the newly-elected Modi government seems to be well-prepared for the challenges to be thrown in his path of revival of Indian economy. Fast-tracking the decision making process by government has so far supported that so-called “good days” might not be too far for the Indian population.