Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Alibaba Group Holding Ltd (BABA) Ready to Battle For India’s e-commerce Market Share

India continues to be the center of attraction as a possible investment center for some of the biggest companies in the world. Alibaba Group Holding Ltd (NYSE:BABA) is the latest to show the clearest of indication of venturing into the fast-growing online retail industry. Bloomberg’s Sunanda Jayaseelan reports that Alibaba perceives India as the second largest sourcing center out of China clearly indicating how important the country could be to the company, in the near future.

AlibabaGroupHoldings, BABA

As part of a large Chinese business delegation to India, Alibaba Group Holding Ltd (NYSE:BABA) Chief Jack Ma gave a clear indication of the company’s willingness to pursue market share in the country.

“Alibaba Group Holding Ltd (NYSE:BABA) is also apparently reworking some of its existing technology platforms so that it works better with Indian businesses. [..] Ma also saying that Alibaba could also hire more India software’s professionals, “said Mrs. Jayaseelan.

Ma has already pledged to invest more in India signaling Alibaba’s willingness to diversify its operations away from China and into other international markets. Flipkart remains the only dominant force in India’s growing online landscape but could face immense pressure in the coming years as Alibaba Group Holding Ltd (NYSE:BABA) and Inc. (NYSE:AMZN) signal intentions of tapping into the space.

Just as Amazon continues to disrupt the online landscape in India so is Alibaba expected to do the same in the future but with more intensity as it is backed by one of the biggest population back at home.

The fact that India does not allow foreign investments in the online retail space will not in any way affect Alibaba as the company does not hold any inventory but essentially provides a platform for transactions. Ma has been a buzz of activities on his first visit to India awaiting to see if Alibaba Group Holding Ltd (NYSE:BABA) will partner with any online company in the country

“Reports indicating that he has met with several India entrepreneurs especially in the e-commerce space including Snapdeal, which is one of India’s largest online companies. Softbank is an investor in both Alibaba as well as Snapdeal and reports are suggesting that the Chinese firm is considering an investment in the Indian e-commerce giant, which will help it get an easy entry into India, “said Mrs. Jayaseelan.

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!