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Tag: alibaba group

  • Alibaba – A Platform Where Global Trade Starts And Ends

    The content in this post has been approved by Alibaba.

    Trust issues are common. People often face challenges with e-commerce companies. But the question is, are the suppliers verified? People usually worry about prices too. But with Alibaba, this is not an issue. Everything available here is at factory prices and all the sellers are verified.

    Alibaba Group is a Chinese multinational conglomerate holding company specializing in e-commerce, retail, Internet, and technology. Founded in 1999 by Jack Ma, the company operates in various business segments, including wholesale and retail online marketplaces, such as Taobao and Tmall, as well as online and mobile payment systems, shopping search engines, and cloud computing services.

    It is also involved in the production of electronic components, as well as in the research and development of artificial intelligence and other technology. Alibaba is considered one of the largest e-commerce companies in the world and is often compared to Amazon. It is also one of the world’s largest venture capital firms and investment corporations. Here is the Alibaba success story.

    Company Highlights

    Company Name Alibaba
    Headquarters Hangzhou, China
    Founders Jack Ma, Joseph C. Tsai, Cathy Zhang, Trudy Dai, Peng Lei, Simon Xie, Jin Yuanying, Jianhang Jin, Jane Jiang, Eddie Wu, Ma Changwei, Tony Yiu, Zhou Yuehong, Shi Yufeng, James Sheng, Lou Wensheng, Han Min and Toto Sun
    Founded 4 April 1999
    Valuation $310.41 Bn (Jan 2023)
    Website alibaba.com

    Alibaba – About
    Alibaba – Founders and Team
    Alibaba – Startup Story
    Alibaba – Business Model
    Alibaba – Revenue Model
    Alibaba – Tagline, Slogan, and Logo
    Alibaba – Funding and Investors
    Alibaba – Growth
    Alibaba – Competitors
    Alibaba – Future Plans

    Alibaba – About

    Alibaba Group Holding Limited is also known as Alibaba Group. This is a Chinese multinational technology company. It is the world’s largest e-commerce company. The company has already made a record on the 2018 edition of China’s Single’s Day.

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    Alibaba – Founders and Team

    Jack Ma, Joseph C. Tsai, Cathy Zhang, Trudy Dai, Peng Lei, Simon Xie, Jin Yuanying, Jianhang Jin, Jane Jiang, Ma Changwei, Eddie Wu, Toto Sun, Shi Yufeng, Zhou Yuehong, Lou Wensheng, Han Min and Tony Yiu are the founders of the company Alibaba.

    • Jack Ma is the founder and also the former executive chairman of Alibaba group. He is a Chinese business magnate, philanthropist, and investor.
    • Joseph C. Tsai is also the founder of the Alibaba group. He is a Taiwanese-born Canadian billionaire businessman and philanthropist.
    • Cathy Zhang is the founder of the company. She is Jack Ma’s wife and is a former Chinese teacher.
    • Trudy Dai is a member of the founding team. She did join the company from the beginning itself. Since January 2017 she has been the president of wholesale marketplaces.
    • Peng Lei is one of the founders of the company. She is also known as Lucy Peng. She is a Chinese billionaire businesswoman.
    • Simon Xie is also a founder of Alibaba group. Before joining Alibaba group he completed his engineering degree from Shenyang University.
    • Jin Yuanying is another founder of Alibaba Group and Taobao. She has been responsible for both the companies mentioned above.
    • Jianhang Jin joined the Alibaba group in the beginning as a founding member. He has been the President of the company since August 2014.
    • Jane Jiang is a founding member of the company. Currently, Jane Jiang is the Deputy CPO of the company.
    • Eddie Wu is one of the founders of the company. Eddie Wu is the Senior Vice President. Eddie Wu handles three business units of the company.
    • Ma Changwei is also a founder of the company. Ma Changwei is an investor and director at Taobao Product Technology Center.
    • Tony Yiu is one of the founders of the company. In the  International Business Unit, he was responsible for IDC operation and maintenance.
    • Zhou Yuehong is also a founder of the company. He studied at Hangzhou Dianzi University.
    • Shi Yufeng is the co-founder of Taobao. He is one of the original founders of the Alibaba group.
    • James Sheng is the founder of the company. James Sheng is the senior vice president of the company.
    • Lou Wensheng is again one of the original founders of the company. In the beginning, he was responsible for the planning of the official website.
    • Han Min is also a founder of the company. He is a former South Korean Minister of Defense.
    • Toto Sun is also an original member of the company.
    Jack Ma - Founder of Alibaba
    Jack Ma – Founder of Alibaba

    Alibaba – Startup Story

    Jack Ma started the Alibaba group with other 17 original founders. Back in 1999, he started a wholesale online marketplace called Alibaba. The Chinese company blossomed into one of the most valuable corporations in the world. Now the world knows Alibaba. When Alibaba started, in India there was nothing in this sector. The dawn of the 21st century appeared to be lucky for Alibaba. It was growing as well as investing. It benefited from strict internet-controlling policies. The story seems like Alibaba grew into a global e-commerce giant from a small apartment.

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    Alibaba – Business Model

    The company acts as a middleman between buyers and sellers online. It facilitates the sale of goods. The majority of sellers are small merchants. Alibaba caters to almost all well-known big brands. Customer experience is a big issue for the company. Sellers cannot deliver goods that are sold. The company charges the merchant’s a fee to have their listings higher on the search rankings. The company has dominated the shopping space in China but doesn’t have a physical store anywhere.

    Alibaba – Revenue Model

    Alibaba’s revenue is derived from retail e-commerce and associated market services in China. The company collected a revenue of $134.567 billion in 2022, a 22.91% increase from 2021. It charges commissions as a percentage of the transaction value of goods sold. China Wholesale and Other Revenues are expected to be about 12% of the total revenues. Chinese consumption drives wholesale commerce and logistics service revenues.

    The tagline of the first Alibaba job advertisement was If not me, who? It’s not a question but a call of duty. The proverb shows a sense of ownership here.

    The Alibaba logo has got two typefaces. It’s the face of a satisfied customer. The person inside is smiling.

    Alibaba Logo
    Alibaba Logo

    Alibaba – Funding and Investors

    The company had raised an amount of $8.9 billion over 16 funding rounds.

    Date Transaction Name Money Raised Lead Investors
    June 2, 2016 Post-IPO Equity $1 Bn –
    March 10, 2016 Post-IPO Debt $3 Bn –
    August 1, 2014 Venture Round – –
    April 1, 2014 Secondary Market $100 Mn –
    October 9, 2013 Secondary Market – –
    October 1, 2013 Secondary Market – –
    March 4, 2013 Secondary Market – –
    September 1, 2012 Private Equity Round $2 Bn China Investment Corporation
    September 22, 2011 Private Equity Round $1.6 Bn DST Global, Silver Lake
    September 13, 2011 Secondary Market – –

    Alibaba is funded by 32 investors. GIC and Temasek Holdings are the recent investors.  

    Alibaba – Growth

    The company has positioned itself as the gateway to Chinese consumers. The company continues to grow. It had over 903 million users in Q1 2022 and the number is growing.

    Alibaba’s Annual Active Consumers in China from 2017 to 2022
    Alibaba’s Annual Active Consumers in China from 2017 to 2022

    Alibaba – Competitors

    The main competitors of the company are Amazon, Tencent, Huawei, and China Mobile.

    • Amazon is a technology company. It focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
    • Tencent is also a Chinese multinational company. It specializes in Internet-related services and products, artificial intelligence, and technology.
    • Huawei is a leading platform that provides information and communications technology.
    • China Mobile is a company that provides mobile voice and multimedia services. Through its nationwide mobile telecommunications network across mainland China and Hong Kong.

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    Alibaba – Future Plans

    The company is aiming towards reaching 2 billion global consumers by fiscal 2036. The company is also looking forward to creating more than 100 million jobs. And also support small and medium businesses.

    FAQs

    What is Alibaba?

    Alibaba Group is a Chinese multinational conglomerate holding company specializing in e-commerce, retail, Internet, and technology.

    Is Alibaba bigger than Amazon?

    Alibaba ranks second with a market cap of over $304.1 billion, whereas Amazon ($1 trillion market cap) ranks first among the leading large-cap e-commerce companies worldwide.

    When was Alibaba founded?

    Alibaba was founded in 1999 by 18 people.

    What is the Indian version of Alibaba?

    TradeIndia is an Indian version of Alibaba.

    Is Alibaba banned in India?

    Yes, the Alibaba marketplace has been banned in India with the ban of Chinese apps in the country.

  • Things to Remember Before Purchasing Products From AliExpress

    We all love to buy from online portals and set ourselves free from the hassle of visiting brick-and-mortar stores for shopping. According to a report, the number of online shoppers will surpass 500 million by 2030 in India. Although buying online has its perks, however there are certain limitations too one needs to consider before purchasing from e-commerce websites. With the availability of inter-country payment gateways, it is now possible to buy products from any country without payment-related problems. Did you know most of the online products sold in India are imported from China?

    One such e-commerce website which makes up for the bulk of products imported from China is AliExpress. Before you get too excited to drop-ship from this portal, you need to be aware of the rules and regulations before buying from AliExpress to ensure a smooth and satisfactory shopping experience, one of the largest e-commerce websites in China that offers a wide range of products at affordable prices. It is owned by Jack Ma. Jack Ma which is a famous business tycoon and his rags-to-riches backstory provides invaluable motivation.

    This post will tell you everything about how to buy products from AliExpress while sitting in India. The impact of AliExpress in the Indian market shall also be covered. Indians have a mixed response towards AliExpress. Some find it highly useful, whereas others have had an unsatisfactory experience with the e-commerce portal. Whether you’re a seasoned shopper or a first-time buyer, this blog will provide valuable insights to help you make informed purchases on AliExpress. So, let’s get started.

    Things To Keep In Mind Before Making A Purchase From AliExpress

    Slow Delivery

    Slow Delivery - AliExpress
    Slow Delivery – AliExpress

    AliExpress isn’t an India-based shopping website which means certain import rules are applied every time you buy products from AliExpress. The normal time to ship products from AliExpress is 30 days and it may increase based on government regulations. AliExpress provides you with a tracking ID to trace the location of your product; other than that, you can’t do anything else but wait. If your delivery gets stuck somewhere, you are in for a really long wait. The shopping website uses Chinese delivery companies for product disposal and items tend to get misplaced enroute to you. If you have selected the free shipping option, you may receive your item after months.

    However, AliExpress has identified these issues and is working on improving its delivery network. It is integrating fast and quality-driven delivery partners into the network to boost sales and enhance customer experience.

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    Import License

    You need a trade license and a registered shop establishment if you plan to buy from AliExpress and sell in India. You also need an export-import license. And then there is the job of reaching out to a customs clearance agent. Licensing is one of the biggest obstacles when it comes to buying items from AliExpress and selling them in India.

    Buying from AliExpress is completely Legal

    It is totally legal to buy from AliExpress and trade products in India. Your purchases should not cross INR 10,000 per year and the products should be for personal use. If you want to purchase products in bulk, you need to get yourself registered, obtain an import-export license, and pay taxes and duties.

    If you have any queries such as the loss of your products in the course of delivery, your only option is to contact the AliExpress agent through chat support. You cannot contact AliExpress sellers by a call; chat is the only medium and there is a high chance the seller won’t reply. Hence, you need to be mindful of the possible delays, lost deliveries, and other factors before ordering from AliExpress.

    How to buy safely from AliExpress

    AliExpress Rules

    There are some other rules and regulations you need to know before making a purchase from AliExpress. For example, you need to pay around 30% of the total amount in customs and duty charges.

    Without import/export license

    • The maximum amount of order without customs duty is INR 2000, i.e, you can import only up to this limit without customs duty and that too for personal use.
    • If the order amount is above INR 2000, the package gets retained at the customs office.

    You will then have to prove/convince the customs officer that the items are meant for personal use and pay the customs duty to get your package out of there.

    With import/export license

    With the license, you can import goods of higher value and pay the standard customs duty on the product as per Indian customs regulations.

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    Is AliExpress Available in India?

    Currently, AliExpress is not available in India and is not delivering here as well. After the India and China situation, the Government banned many Chinese mobile apps in 2020, amongst AliExpress is one of them. Therefore, AliExpress is not available in India.

    AliExpress Banned in India. Now How to Do Dropshipping? & What To Sell in Winters?

    Is It Safe to Buy From AliExpress Now?

    It is definitely safe to buy from AliExpress now as it is owned by one of the most popular and well-known multinational companies Alibaba. The reputation of Alibaba makes AliExpress a reputable company to shop from.

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    Conclusion

    You can set up a successful business in India using AliExpress. But unfortunately, the shopping website got banned in India along with more Chinese apps for engaging in activities that are prejudicial to the sovereignty, integrity and security of the country. The government had banned 59 apps on June 29, 2020, and on September 2 it had banned 118 more apps including AliExpress. Previously apps like TikTok, Bigo Live, PUBG Mobile, which were all very popular in India, were banned.

    FAQs

    What is AliExpress?

    AliExpress is an online shopping website based in China owned by the Alibaba Group. It is an online store to buy products at much cheaper rates than Amazon.

    Is AliExpress from China?

    Yes, AliExpress is a China-based online shopping retail store for buying products at much cheaper rates.

    How to buy from AliExpress in India?

    • If you want to purchase products for personal use, your purchases should not cross INR 10,000 per year.
    • If you want to purchase products in bulk, you need to get yourself registered, obtain an import-export license, and pay taxes and duties.

    Is AliExpress banned in India?

    Yes, AliExpress is banned in India.

    Why AliExpress is banned in india?

    AliExpress is banned in India along with more Chinese apps for engaging in activities ‘prejudicial to the sovereignty, integrity and security of the country’

    How to buy from AliExpress in India after ban?

    This is the top trending question on Google with no clear-cut answer. However, Indian users of AliExpress were able to purchase products “unofficially” from AliExpress vendors. All you need is to change your route, consider using a VPN on your mobile devices or laptops, or partner with Oye Express. This is the perfect way to enjoy the ease of shopping online while keeping your data secure.

    What’s the difference between Alibaba and AliExpress?

    • Both the platforms are sister companies owned by Alibaba Group.
    • Alibaba focuses on the B2B marketplace while AliExpress focuses on the B2C marketplace cross-border.
    • Usually, manufacturers, wholesalers, trading companies and exporters sell their products via Alibaba whereas, in AliExpress, the typical seller is retailers.
    • Prices can be negotiated in Alibaba whereas AliExpress offers fixed-rate products.
    • On Alibaba.com sellers have to pay 0% on most transactions when it comes to the commission while AliExpress sellers pay up to 8%.

  • Top 15 Tech Companies in the World

    With steady growth, the tech industry is growing at an impressive 5.3% rate. The industry occupied around 35% of the total market base. And the count of tech companies is increasing with a high amount. For instance, the highest count of tech companies is based in the United States, with a count of more than 500 thousand.

    And it’s true that regardless of their origin industry, the means of technology is acquired by everyone, and so is every industry. Technology covers all sectors, including hardware, software, online services, tools, and cybersecurity solutions.

    Speaking of the tech industry, we are here to make you familiar with the top tech companies in the world, with their market capital and total revenue. So, let’s get started with the article!

    List of Top Tech Companies in the world

    The tech industry comprises many companies, among which are some of the most valuable in the world. And here’s the list of those and the top tech companies worldwide:

    1. Apple
    2. Microsoft
    3. Google Alphabet
    4. META
    5. Tesla (TSLA)
    6. Amazon
    7. Samsung Electronics
    8. Tencent Holdings
    9. Alibaba Group
    10. Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC)
    11. Dell Technologies
    12. Oracle Corporation
    13. Foxconn
    14. Huawei
    15. Adobe

    1. Apple

    Company Apple
    Founded 1976
    Market Cap $2421 B (2022)
    Revenue $387.54 B (2022)
    Top Products Apple iPad, Apple Mac Book, Apple Watch, Apple iPhone Mobile
    Website www.apple.com

    Apple Website
    Apple Website

    With the highest market capitalization of USD 2421 billion, Apple has an enormous presence in the world’s tech market, making it a giant in the industry. Apple specializes in software, electronics, and online services, with an employee account of over 1,608,000.

    Apple is an integral part of BIG FIVE, which includes Google, Amazon, Meta, Apple, and Microsoft. These five companies are the most valuable public corporations in the world based on their market capitalization.

    This tech giant was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Since then, Apple has been on a progressive growth producing various kinds of tech devices, from computers to wearables.

    Moreover, Apple is the largest technology company based on its revenue, USD 387.54 billion in 2022. And ranked the fourth largest personal computer vendor based on its unit sale in 2021. Its popular products are AirPods, iPhone, iPad, and Apple Watch.

    2. Microsoft

    Company Microsoft
    Founded 1975
    Market Cap $1825 B (2022)
    Revenue $198.27 B (2022)
    Top Products Microsoft Windows, Microsoft Office Suite, Micrsoft Azure, Internet Explorer
    Website www.microsoft.com

    Microsoft Website
    Microsoft Website

    Being the most prominent tech giant in the world and the largest software company, Microsoft is one of the oldest tech companies mentioned in this list. It was founded in 1976 and released to the public in 1986. It is best known for its Windows operating system, Azure cloud services, LinkedIn social media platform, and Xbox gaming system.

    Moreover, Microsoft is ranked first in the list of BIG FIVE tech giants. The company reported a 12.3% revenue growth in 2022, whose main credit goes to Microsoft’s Azure and other cloud services. Also, at the start of 2022, it announced its deal to acquire the video gaming publisher Activision Blizzard Inc. (ATVI).

    3. Google Alphabet

    Company Google Alphabet
    Founded 1998
    Market Cap $1346 B (2022)
    Revenue $278.13 B (2022)
    Top Products Google Search, Google Maps, Google Assistant, Gmail, Android
    Website www.abc.xyz

    Next, with a whopping market capital of 1346 billion dollars, Alphabet Inc. is an American-based multinational company that originated from Google LLC and many other subsidiaries.

    Google Inc. is considered a unanimous leader in the search engine sector across the world, whose market share is around 91.9%. Regarding the FIVE GIANTS, Google has always been a genuinely innovative and trustworthy tech giant, founded by Larry Page and Sergey Brin in 1998.

    Google Alphabet always has a keen eye for investing in innovative projects such as life extension R&D company Calico, self-driving cars, the smart home project Nest, and many more.

    4. META

    Company Meta
    Founded 2004
    Market Cap $545.44 B (2022)
    Revenue $117.929B (2021)
    Top Products Facebook, Meta Audience Network, Meta Business Tool
    Website www.about.meta.com

    MEta Website
    Meta Website

    When it comes to top tech companies across the world, META can never be off the table. The company is the parent company of the most powerful social media platforms such as Facebook, Instagram, and Whatsapp.

    Mark Zuckerberg founded the company when he was still a student at Harvard University in 2004. META succeeded with an advanced graph, and as of today, the company has reached nearly 3 billion active users monthly.

    In competing with Snapchat and Tiktok, META has introduced several innovative features that have made it a leader in online advertising.

    The global tech industry is roughly valued at $5.2 trillion. The above graph shows the global tech industry distribution by the market share in percentage.
    The global tech industry is roughly valued at $5.2 trillion. The above graph shows the global tech industry distribution by the market share in percentage.

    5. Tesla (TSLA)

    Company Tesla
    Founded 2003
    Market Cap $656.57B (2022)
    Revenue $74.863B (2022)
    Top Products Tesla Electric Car, Tesla Model X, Tesla Model 3
    Website www.tesla.com

    Tesla Website
    Tesla Website

    Tesla is a true leader in electric vehicle development and production. Even though the prices of vehicles offered by Tesla are too high, and it takes a lot of time to deliver them, consumers prefer them over everything else.

    Tesla was founded by Elon Musk who is also the current CEO of the Tesla Company. The unique thing about Tesla is its business model, which does not use the traditional dealership model of selling vehicles.

    6. Amazon

    Company Amazon
    Founded 1994
    Market Cap $1258 B (2022)
    Revenue $485.90 B (2022)
    Top Products Amazon.com, Alexa, Amazon Prime, Amazon Music, Amazon Pay
    Website www.amazon.com

    Amazon Website
    Amazon Website

    With a market capitalization of USD 1258 billion US dollars, Amazon is counted among the most valuable tech companies in the world founded by Jeff Bezos in 1994.

    Initially, the company was limited to online marketing only, but with time, it started developing its technological devices and also offered cloud services to consumers. With such an innovative mindset, Amazon is ranked the 6th largest company by Forbes among the list of top 25 techs and IT companies.

    7. Samsung Electronics

    Company Samsung Electronics
    Founded 1969
    Market Cap $281.39 B (2022)
    Revenue $250.21 B (2022)
    Top Products Samsung Galaxy Mobile Phones, Samsung Monitors, Samsung Camera
    Website www.samsung.com

    Samsung Electronics Website
    Samsung Electronics Website

    Samsung Electronics is the largest mobile phone manufacturing company and the biggest competitor to Apple Inc in the production of mobile phones.

    The company is based in Seoul, South Korea. Samsung Electronics isn’t limited to producing electronic devices but also ships, turbines, aircraft engines, and life insurance. Its flagship brands are Galaxy S, Z, and note series. They contribute up to 40% of the company’s growth.

    8. Tencent Holdings

    Company Tencent Holdings
    Founded 1998
    Market Cap $389.88 B (2022)
    Revenue $83.64 B (2022)
    Top Products WeChat, PUBG Mobile, QQ Riot Games, Tencent Weibo, Qzone
    Website www.tencent.com

    Tencent Holdings Company
    Tencent Holdings Company

    Tencent Holdings, a Chinese technology conglomerate company, is the first-ever Asian tech company that reaches the mark of $500 billion.

    The company offers web portals, payment systems, e-commerce platforms, mobile games, and social networks. Along with this, it also owns Tencent Music and Tencent Games companies.

    The most successful product of Tencent Holdings is WeChat which has over 1.2 billion monthly active users. The company also provides various marketing solutions and cloud services.

    9. Alibaba Group

    Company Alibaba Group
    Founded 1999
    Market Cap $191.14B (2022)
    Revenue $134.567 B (2022)
    Top Products Alibaba.com, Aliwangwang, Alibaba Cloud, AliGenie
    Website www.alibabagroup.com

    Alibaba Group Website
    Alibaba Group Website

    Another massive Chinese multinational technology company is Alibaba Group. It specializes in retail, e-commerce, the internet, and technology. It offers various profitable services such as web portals, electronic payment services, shopping search engines, and cloud computing.

    Alibaba Group was founded in 1999 and established in Hangzhou, Zhejiang. Regarding retailers and e-commerce companies, Alibaba Group is one of the largest groups of companies in the industry.

    Moreover, the company is ranked fifth among the largest artificial intelligence companies in the world in 2020.

    10. Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC)

    Company Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC)
    Founded 1987
    Market Cap $330.63 B (2022)
    Revenue $66.691 B (2022)
    Top Products Semiconductors Used in Mobile Devices, Internet of Things, Automotive Electronics
    Website www.tsmc.com

    TSMC Website
    TSMC Website

    Being the largest contract chipmaker in the world, Taiwan Semiconductor Manufacturing produces highly advanced and innovative semiconductors designed by Qualcomm Inc. (QCOM) and Advanced Micro Devices Inc. (AMD).

    In recent years, Taiwan Semiconductor Manufacturing has reported a 43.5% growth in its revenue and a net worth of $7.9 billion. The company was founded in the year 1987 and ever since then; it has been leading the global semiconductor foundry, where it generates a 517% return for investors.

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    11. Dell Technologies

    Company Dell Technologies
    Founded 1984
    Market Cap $27.79 B (2022)
    Revenue $103.12 B (2022)
    Top Products Vostro, Dell EMR, Inspiron, PowerEdge
    Website www.dell.com

    Dell Technologies Website
    Dell Technologies Website

    Another super famous American tech company is Dell Technologies, which specializes in the market of personal computers. It offers a vast range of tech products, such as data storage devices, servers, SmartTV, network switches, computer accessories, cameras, and many more.

    This tech company was founded in 1984 by Michael Dell. Since then, Dell Technologies has been known for its innovative chain supply management and direct sales e-commerce model.

    12. Oracle Corporation

    Company Oracle Corporation
    Founded 1977
    Market Cap $202.40 B (2022)
    Revenue $44.15 B (2022)
    Top Products Oracle Database, Oracle ERP, MySQL, Oracle E-Business Suite
    Website www.oracle.com

    Oracle Corporation Website
    Oracle Corporation Website

    Oracle Corporation, a computer software company, was founded in 1977 in California, United States by Larry Ellison, Bob Miner, and Ed Oates with its corporate office headquartered in Austin, Texas.

    The company has over 400,000 customers across the globe, such as Siemens Healthineers and FedEx. It provides multiple specific solutions for different types of industries.

    Its solutions help manage the modernization of restaurants’ finances, connect HR/product management, secure network infrastructure, and, most importantly, enhance client satisfaction.

    13. Foxconn

    Company Foxconn
    Founded 1974
    Market Cap $44.30 B (2022)
    Revenue $219.11 B (2022)
    Top Products iPad, iPod, Kindle, BlackBerry
    Website www.honhai.com

    Foxconn Website
    Foxconn Website

    Being one of the largest employers, with around 1.29 million employees, Foxconn is known as the biggest private sector employer in China. It is a Taiwanese electronics contract manufacturing company founded in 1974 by Terry Gou.

    Foxconn is spread over to more than 20 countries with its subsidiary count reaching up to 200+ in total. It is also considered the world’s largest electronic manufacturer and a leading science and technology solution provider.

    Its top products in the market are iPhone, Kindle, iPad, Blackberry, Redmi phones, PlayStation, and Nintendo. Foxconn ranked 22nd in the 2021 Fortune Global 500.

    14. Huawei

    Company Huawei
    Founded 1987
    Market Cap $71.2 B (2022)
    Revenue $99.9 B (2021)
    Top Products Huawei MateBook, Huawei Watch, Huawei Mobiles
    Website www.huawei.com

    Huawei Website
    Huawei Website

    Another China-based tech company is Huawei Technologies, a consumer electronics manufacturer. Its designs create and sell telecommunication tools to the top telecom companies worldwide, including British Telecom, Bell Canada, and Vodafone.

    The company was started as a reselling private branch exchange company, founded in 1987 by Ren Zhejiang. Today, Huawei is a telecom behemoth that develops numerous innovative tech gadgets.

    15. Adobe

    Company Adobe
    Founded 1982
    Market Cap $142.43 B (2022)
    Revenue $17.19 B (2022)
    Top Products Adobe Photoshop, Adobe Acrobat, Adobe PDF, Dreamweaver, Adobe Lightroom
    Website www.adobe.com

    Adobe Inc. Website
    Adobe Inc. Website

    Adobe was founded in 1982 as an American-based software company that provides practical solutions for marketing and document management. Its top products in the market are Adobe Photoshop, Adobe Acrobat, and Adobe Creative Cloud.

    Adobe was founded by John Warnock and Charles Geschke in 1982 with its headquarters being placed in San Jose, California (United States). Adobe Inc. also expanded its services in digital marketing software and was considered one of the top global leaders in Customer Experience Management (CXM) in 2021.

    The top three services provided by Adobe are Creative Cloud, Experienced Cloud, and Document Cloud.

    Conclusion

    In conclusion, we can say that the tech industry is increasing and covers some of the most valuable companies in the world. However, it’s essential to know that before investing in any company, you need to do thorough research and, after that, focus on buying an ETF.

    As the industry contains a vast number of tech companies, there are many options for you to invest and earn a profit. The above list includes the top 15 tech companies in the world with some of the

    FAQs

    Which are the top 5 IT companies in the world?

    The top 5 IT companies in the world are Microsoft Corporation, IBM, Accenture, Oracle, and TCS.

    Which is the oldest tech company?

    IBM is considered the oldest tech company in the world. Basically, IBM is counted to be 108 years old company.

    What are the top 3 online businesses?

    The top 3 online businesses are selling digital marketing services, freelancing, and coaching and consulting.

    Who is the market leader in technology?

    Apple is considered the market leader in technology with a marketing capital of about $2.448 T.

  • Top Chinese Investors in Indian Startups Ecosystem

    Chinese investors have had a significant presence in the startup ecosystem In India. After the recent dispute at the Indo-China border, the Indian public is actively participating in the #BoycottChineseProducts movement. This has also resulted in the boycott of the services and products offered by different startups that have received investments from different Chinese companies.

    However, there are many different Chinese companies that have invested huge amounts in many startups across the country. Many startups in India have been receiving investments worth millions of dollars from different Chinese companies that wish to establish themselves in the Indian market. And they have been quite successful in this by investing in big and popular startups and companies in India.

    In this article, we discuss the top Chinese investors in the Indian Startup Ecosystem and their investments.

    Top Chinese Investors in India

    Alibaba Group
    Tencent Holdings
    Fosun Group
    Shunwei Capitals
    Hillhouse Capital Group

    Alibaba Group

    Alibaba Group is probably the topmost Chinese company that has invested in many Indian startups over the years, this multinational tech company was founded in the year 1999. Some of the biggest Indian startups and companies in which The Alibaba Group has invested include the Online Food Ordering and Delivery startup Zomato, Payments startup PayTM, and e-commerce startups such as Paytm Mall and SnapDeal and online grocery Store BigBasket.

    Startup Name Startup Founder Amount
    BigBasket Hari Menon, VS Sudhakar and Vipul Parekh $246 million
    PayTM Vijay Shekhar Sharma $1.1 billion
    Snapdeal Kunal Bahl and Rohit Bansal $150 million
    Zomato Deepinder Goyal $512 million

    Tencent Holdings

    Tencent Holdings, or simply Tencent, is another Chinese technology and entertainment conglomerate that has hugely invested in Indian startups. It was founded in the year 1998. This company has invested in many different startups and companies such as PolicyBazaar, e-commerce store Flipkart, Online Taxi Booking startup Ola and Food Delivery Company Swiggy.

    Startup Name Startup Founder Amount
    MX Player Karan Bedi $110 million
    PolicyBazaar Yahishis Dahiya, Avaneesh Nirjar and Alok Bansal $150 million
    Ibibo Ashish Kashyap Undisclosed
    Doubtnut Tanushree Nagori and Aditya Shankar $15 million
    Swiggy Sriharsha Majety, Rahul Jaimini and Nandan Reddy Undisclosed
    Flipkart Binny Bansal and Sachin Bansal Undisclosed
    Byju Byju Raveendran and Divya Gokulnath $40 million
    Hike Kavin Bharti Mittal $175 million
    Dream11 Bhavit Sheth and Harsh Jain $100 million
    Ola Bhavish Aggarwal and Ankit Bhati $400 million

    Fosun Group

    The Fosun Group has been investing in Indian startups for a long time, keeping its main focus on Tech-based startups. It has invested in many startups including Delhivery, LetsTransport and others. Instead of investing large in big startups like the others that are already mentioned, Fosun Group mainly focuses on small tickets for relatively small startups. The group has its presence all around the world.

    Startup Name Startup Founder Amount
    MakeMyTrip Deep Kalra Undisclosed
    Delhivery Sahil Barua, Suraj Saharan and Kapil Bharati, $30 million
    LetsTransport Pushkar Singh, Sudarshan Ravi and Ankit Parasher $12 million

    Shunwei Capitals

    Shunwei Capitals has invested in many startups over the past years. It is a venture capital firm situated in Beijing, China. It was founded in 2011 by Lei Jun. In November of 2008, they raised around 1.2 billion dollars for investments in Indian startups.

    Startup Name Startup Founder Amount
    ZestMoney Lizzie Chapman and Ashish Anantharaman $13.4 million
    Vokal Mayank Bidawataka and Aprameya Radhakrishna $6.5 million

    Hillhouse Capital Group

    Hillhouse Capital Group is one of the most famous private equity firms in Asia. It has invested in some well-known startups in India. The company was founded in the year 2005 by Zhang Lei.

    Startup Name Startup Founder Amount
    Udaan Amod Malviya, Vaibhav Gupta, Sujeet Kumar Undisclosed
    Swiggy Sriharsha Majety, Rahul Jaimini and Nandan Reddy Undisclosed

    Conclusion

    China has maintained a firm grip on the Indian market by funding and investing in various startups and companies all across the country. Even after the tension regarding the Indo-Chinese dispute, Chinese companies are associated with some Indian startups. Some of the most popular and well known Indian startups got funds from these Chinese companies and with their promising future, more and more Chinese companies are looking forward to investing in them and other startups

    FAQs

    Have Chinese companies invested in Indian companies?

    There are multiple Chinese companies that have invested in Indian startups.

    Is BYJU funded by China?

    Chinese conglomerate Tencent Holdings has invested in the Indian ed-tech startup Byju.

    Who founded Alibaba Group?

    Alibaba is founded by Jack Ma in 1999.

  • Hupan University – An Elite Business School founded by Jack Ma

    Elite Business Schools have been famous for over a lot of years. Some of the major elite business schools are Harvard, Stanford, Colombia Business school, etc. Jack Ma, the founder of the popular e-commerce site Alibaba has also founded one of the elite business schools, Hupan University. Hupan University has announced that Jack Ma is stepping down as the president. Let’s look into more information about the Elite Business School founded by Jack Ma.

    Hupan University – Latest News
    Admission requirements for Hupan University
    The curricular and Students at Hupan University
    Changes after stepping down to Hupan University of Jack Ma
    FAQ

    Hupan University – Latest News

    Jack Ma has announced that he will step down from the elite business school he had founded back in 2015. This is because of the crackdown on the influence of the billionaire in the Chinese society. The retreat from the academy is because the regulators of China have increased the pressure on Jack Ma.

    Jack Ma had disappeared from public view from the day he had given a public speech against the Chinese regulators during the month of October. He had criticized the Chinese regulators and the state-owned banks.

    Admission requirements for Hupan University

    Hupan University which provides an executive training programme for entrepreneurs is claimed to be as hard to get into the university like Harvard or Stanford University. It was founded by Jack Ma in the year 2015 along with nine business executives.

    The admission requirements of the university are very strict and accept only the candidates who have 3 years of experience in running their own business, employing at least 30 people, and have an annual revenue of around USD 4.5 million. They should also obtain 3 recommendations at least one of them which should be chosen by the university.

    Aerial view of Hupan University
    Aerial view of Hupan University

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    The curricular and Students at Hupan University

    In the past 5 years, the university has admitted around 254 entrepreneurs and a total of 11,788 applicants have been admitted to the school. Together they employ over 1 million people and the average age of the admitted members is around 38 years and have been doing the business for the past 11 years.

    So far, the school has offered 271 classes out of which most of the classes were undertaken by entrepreneurs of various traditional companies as well as internet companies. Unlike a traditional MBA school, Hupan University aims at inspiring the future entrepreneurs with a sense of social and moral responsibility.

    Changes to Hupan University after Jack Ma Stepped down

    As Jack Ma announced that he would step down from the Presidential position of Hupan University led to restructuring the educational programme of the university and has changed its name. Hupan had changed its name from its website and social media accounts to Hupan Innovation Center.

    There were even videos released that showed workers removing the name from a large stone sign in front of the campus. The change of name was because only a licensed educational institution can mention its name as a university and Hupan is not an official university yet.

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    Conclusion

    However, a person close to the business school has conveyed that Jack Ma would not hold any high profile post in the institution but several people have mentioned that he would remain connected to the school giving lectures in the future.

    FAQ

    Where is Hupan University located?

    Hupan University is an elite business school located in Yuhu Bay, Xihu Hangzhou, Zhejiang Province, China.

    When was Hupan University founded?

    Hupan University was founded in 2015 by Jack Ma with nine fellow business executives.

    Why did Hupan University changed its name?

    Hupan University changed its name to Hupan Innovation Center because only a licensed educational institution can mention its name as a university and Hupan is not an official university yet.

  • Why did Alibaba saw a loss for the first time in years?

    Alibaba Group Holding Limited which is also known as Alibaba group is a Chinese based technology company. The company was founded in the year 1999 and has its headquarters located in Zhejiang. Alibaba group specializes in e-commerce, internet, technology and retail sectors. The company has recorded a loss for the first time ever, so let’s look at the reason behind it.

    Results of Alibaba
    Reason for the Loss
    The shares of Alibaba
    FAQ

    Results of Alibaba

    The top e-commerce platform of China Alibaba had recorded a loss of 7.66 billion yuan on 13 May 2021 for its first quarterly results. This is the first time the company has recorded a loss in its history after going public in the year 2014.

    The company has recorded an annual revenue of 930 billion yuan for the year ending March 2022 which is more than what they had estimated that is 982.25 billion yuan.

    There was an increase in the core commerce revenue of the company of around 72% which was amounted to 161.37 billion yuan in the fourth quarter. But the company’s cloud computing has seen a slow in its growth which had reduced by 58% to 37 % compared to the previous year to 16.8 billion yuan. This is considered to be the most weakest growth since the year 2016.

    The overall revenue of the company has seen an increase with 187.4 billion yuan for the fourth quarter when compared to the Refinitiv forecast of 180.41 billion.

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    Reason for the Loss

    The main reason for the recorded loss by the company is considered to be the regulations bought in by the Chinese regulators. The regulatory crackdown in China had led to the suspension of one of the biggest IPO of the affiliate company of Alibaba Group, Ant group where the IPO was estimated to be USD 37 billion.

    Other than that, the company was fined by the Chinese regulators on the basis of anti-competitive business practices with a fine of USD 2.8 billion. The fine had led to an operating loss in the fourth quarter of around 7.66 billion yuan.

    The slow growth in the cloud computing sector is due to a top customer which had a huge presence outside of China in the cloud computing business of Alibaba. The company had conveyed that the customer had ended its business for non-product related reasons which led to the slower growth.

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    The shares of Alibaba

    The US listed shares of Alibaba group had seen a fall of around 3% in the choppy market even though there was an increase in the revenue of the company as the pandemic had forced people to depend more on the e-commerce solutions and would help the company recover easily from its losses.

    It is seen that since the shares of Alibaba group had hit a record high in October, the US listed shares have fallen more than 30% as the founder Jack Ma had delivered a speech in Shanghai where he criticized the financial regulators of China.

    Brock Silvers who is the Chief Investment Officer at the Hong-Kong based Adamas Asset Management has said that the fall in the share price of Alibaba reflects that there is anxiety amongst the investor community in regards to the regulation.

    He added that the company has currently faced a huge regulatory risk, which has now become a threat to the entire technology sector.

    Daniel Zhang who is the Chief Executive officer had conveyed in an earnings call that the penalty decision had motivated them to reflect on the relationship between the economy of the platform and society, as well as their commitments and their social responsibilities.

    FAQ

    Who owns Alibaba now?

    SoftBank Group is the major shareholder of Alibaba.

    Who is the current CEO of Alibaba?

    Daniel Zhang is the current CEO of Alibaba.

    Is Alibaba bigger than Amazon?

    Amazon is vastly larger than Alibaba.

    Conclusion

    Alibaba group is one of the largest and successful e-commerce groups in China. As of 2020, the company has around 779 million active subscribers.

  • List of Indian Companies With Chinese Investment | Indian Startups Funded by China

    With the tension escalating at the Indo-China border, the Chinese-funded companies in India are currently at risk. The people of India are now boycotting Chinese manufacturers and organizations that sell their products in India. As a result, Indian startups funded by Chinese investors are also facing severe backlash.

    Among India’s top 30 companies and startups (entrepreneurial ventures worth over $1 billion), 18 have received funding from the Chinese.

    Chinese investors are quick in identifying the potential in Indian startups. They find investing in India enticing because India has an attractive risk-return trade-off and remains the second-fastest growing economy in the world. Chinese investors have funded over 18 Indian unicorns; it amounts to around $3.9 billion in investment in 2019. But the growing conflict between the two countries is making it challenging for these unicorns to receive further investment capital from China.

    1. BigBasket
    2. Dailyhunt
    3. Healofy
    4. Paytm Mall
    5. Paytm
    6. TicketNew
    7. Vidooly
    8. XpressBees
    9. Snapdeal
    10. Zomato
    11. BYJU’s
    12. Ola
    13. Doubtnut
    14. Flipkart
    15. Niyo
    16. Gaana
    17. Khatabook
    18. MX Player
    19. MyGate
    20. Pine Labs
    21. Pocket FM
    22. Practo
    23. Swiggy
    24. Udaan
    25. Hungama Digital Media Entertainment Pvt. Ltd
    26. Marsplay
    27. Oye! Rickshaw
    28. ShareChat
    29. ZestMoney
    30. OYO
    31. PolicyBazaar
    32. Delhivery

    BigBasket

    Chinese Investor: Alibaba

    Indian Companies with Chinese Investment
    Bigbasket – Chinese Investment In India

    BigBasket is an Indian online grocery delivery service. Alibaba invested in BigBasket in 2018. The investment assists BigBasket in competing with the US-based Amazon and India’s Flipkart. The company’s valuation exceeded $1 billion with the help of Chinese investment. The decision to boycott Chinese products affected BigBasket in several ways.

    Dailyhunt

    Chinese Investor: Alibaba

    Indian Companies with Chinese Investment
    Dailyhunt – Chinese Investment In India

    Dailyhunt is one of the fastest-growing startups in this list. Dailyhunt is an Indian news content aggregator. It is considered as one of the world’s top mobile applications for staying abreast of the latest happenings across the globe. With 22 million users and 30 billion page views per month, Dailyhunt has indeed cemented its status in the Indian startup ecosystem. Alibaba holds an investment in Dailyhunt.

    Healofy

    Chinese Investor: Ant Financial

    Indian Companies with Chinese Investment
    Healofy – Chinese Investment In India

    Healofy is India’s largest women-oriented social network; it helps women connect with other women. Healofy raised $1 million in seed fund from Omidyar Network in 2018. Healofy then received $8 million in fresh funding from Alibaba-backed parenting platform BabyTree Group and BAce Capital, a fund anchored by Alibaba’s Ant Financial.

    Paytm Mall

    Chinese Investor: Alibaba

    Indian Companies with Chinese Investment
    Paytm Mall – Chinese Investment In India

    Paytm launched the Paytm Mall app in Feb 2017. Paytm Mall follows a business to consumer model. It is an e-commerce platform that allows consumers to shop from 1.4 lakh registered sellers. Alibaba invested in Paytm Mall for a 40% stake but refused to fund Paytm Mall further. Paytm is one of the biggest e-commerce organizations to be featured in this list of Chinese-funded companies in India.

    Paytm

    Chinese Investor: Ant Financial

    Indian Companies with Chinese Investment
    Paytm – Chinese Investment In India

    Paytm is an Indian e-commerce payment system and financial technology organization. Paytm was valued at $10 billion in January 2018. Paytm valuation was $16 billion in 2021. Ant Financial has become the largest shareholder in One97 Communications, the parent company of Paytm, by investing $680 million.

    TicketNew

    Chinese Investor: Alibaba

    TicketNew - Chinese Investment In India
    TicketNew – Chinese Investment In India

    TicketNew is a privately owned company that provides online ticket booking services for movies, theatre plays and sports. Chinese e-commerce giant, Alibaba has reportedly provided over $30 million in funding to TicketNew and has acquired the ticket booking platform..

    Vidooly

    Chinese Investor: Alibaba

    Indian Companies with Chinese Investment
    Vidooly – Chinese Investment In India

    Vidooly is an online video analytics and marketing company. It provides video analytics tools and video marketing services. Vidooly raised over INR 15 crores from the Alibaba group.

    XpressBees

    Chinese Investor: Alibaba

    Indian Companies with Chinese Investment
    XpressBees – Chinese Investment In India

    XpressBees is an e-commerce logistics firm that offers delivery, order management, shipping, and tracking services. Founded in 2015, XpressBees secured over $35 million in funding from Alibaba in 2017. Again in 2019, the e-commerce giant invested $10 million in the logistics starteup.

    Snapdeal

    Chinese Investor: Alibaba

    Indian Companies with Chinese Investment
    Snapdeal – Chinese Investment In India

    Snapdeal is an Indian e-commerce behemoth. Snapdeal received over $500 million in funding from three of Asia’s largest tech companies: Alibaba, Foxconn, and SoftBank. Snapdeal is another e-commerce giant that made it to this list of Chinese-backed companies in India.

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    Zomato

    Chinese Investor: Alibaba

    Indian Companies with Chinese Investment
    Zomato – Chinese Investment In India

    It is an Indian restaurant aggregator and food delivery start-up that provides information, menus, and user-reviews of restaurants. Zomato also offers food delivery options from partner restaurants. Zomato has raised over $150 million from Alibaba.

    BYJU’s

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    BYJU’S – Chinese Investment In India

    BYJU’S is an Indian educational technology (edtech) and online tutoring firm. It is considered as the largest ed-tech company in the country as well. Tencent, one of Asia’s largest valued Chinese tech company investor, has invested in Byju. The amount invested on the ed-tech was undisclosed.

    Ola

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    Ola – Chinese Investment In India

    Ola Cabs is an Indian ride-sharing company offering services that include peer-to-peer ridesharing, ride service hailing, taxi, and food delivery. Ola was founded by Bhavish Aggarwal and Akit Bhati. Ola raised over $1.1 billion in funding from Tencent.

    Doubtnut

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    Doubtnut – Chinese Investment In India

    Another ed-tech company, Doubtnut is an Indian online tutoring platform. Doubtnut operates as an e-learning platform that enables users to ask questions related to Physics, Chemistry, and Math. Tencent provided over $15 million funding to Doubtnut in the year 2020..

    Dream11

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    Dream11 – Chinese Investment In India

    Dream11 is a fantasy sports platform that allows users to play fantasy cricket, hockey, football, kabaddi, and basketball. Tencent has a $100 million investment in Dream11 in the year 2018. Dream11 has become the first Indian gaming company to enter the unicorn club.

    Flipkart

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    Flipkart – Chinese Investment In India

    It is an Indian e-commerce company based out of Bangalore, India. Flipkart was founded in 2007 and has been one of the e-commerce giant in India by serving . Chinese investor Tencent Holdings  have invested more than $300 million in Flipkart.

    Niyo

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    Niyo – Chinese Investment In India

    Niyo is one of India’s largest and fastest-growing fintech ventures with the vision of making banking simple, smart, and transparent for everyone. Niyo got its funding from Tencent, although the amount raised were not disclosed to the public.

    Gaana

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    Gaana.com – Chinese Investment In India

    It is the largest Indian commercial music streaming service. Gaana.com was founded in 2012. Gaana raised over $115 million from the Chinese internet giant Tencent. Again in 2020, Tencent invested $50 million and in 2021 another $40 million on the music streaming app.

    Khatabook

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    Khatabook – Chinese Investment In India

    Khatabook is a mobile app targeted towards small shopkeepers and kirana store owners in India. Khatabook app helps them manage their books by tracking the money owed to them through the means of a digital ledger. Tencent has invested over $75 million in Khatabook app.

    MX Player

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    MX Player – Chinese Investment In India

    MX Player is an entertainment app that offers its viewers quality, digital-first content, it is a very popular OTT service in India for giving access to many exclusive content to it audinence. MX Player gained popularity as an Indian OTT platform. Tencent has invested over $11q million in MX Player in the year 2019.

    MyGate

    Chinese Investor: Tencent

    MyGate - Chinese Investment In India
    MyGate – Chinese Investment In India

    MyGate is an India-based security and community management app for gated premises. The security management startup raised an undisclosed amount from Chinese tech company Tencent in the year 2019.

    Pine Labs

    Chinese Investor: Tencent

    Pine Labs - Chinese Investment In India
    Pine Labs – Chinese Investment In India

    Pine Labs is an fintech startup and an Indian merchant platform company. Pine Labs provides financing and last-mile retail transaction technology through its help your business can accept different modes of payment. Tencent has invested and undisclosed amount in Pine Labs.

    Pocket FM

    Chinese Investor: Tencent

    Indian Companies with Chinese Investment
    Pine Labs – Chinese Investment In India

    Pocket FM is a social audio platform for Indian languages where users can find great quality audio content comprising audiobooks, stories, and podcasts. Tencent invested in this entertainment app, although the amount invested was not disclosed to the public.

    Practo

    Chinese Investor: Tencent

    Practo - Indian Companies with Chinese Investment
    Practo – Indian Companies with Chinese Investment

    It develops and distributes medical information systems. Practo Technologies Private Limited offers an online software platform that provides automated appointment scheduling, billing solutions, and storage of medical records. Practo raised over $55 million from Tencent.

    Swiggy

    Chinese Investor: Tencent

    Swiggy - Indian Companies with Chinese Investment
    Swiggy – Indian Companies with Chinese Investment

    Swiggy is one of the most popular a food delivery company in India. Swiggy is one of the unicorn in India and in fact, it is also India’s fastest unicorn. In 2018, Tencent invested on Swiggy again in 2020, Swiggy got a good amount funding from Tenvcent. Both the times, the amount is not diclosed.

    Udaan

    Chinese Investor: Tencent

    Udaan - Indian Companies with Chinese Investment
    Udaan – Indian Companies with Chinese Investment

    Udaan is a network-centric B2B trade platform designed specifically for small and medium-scale businesses in India. Udaan brings traders, wholesalers, and retailers into one place. Udaan raised funds from Tencent,the amount invested was not diclosed.

    Hungama Digital Media Entertainment Pvt. Ltd

    Chinese Investor: Xiaomi

    Hungama Digital Media - Indian Companies with Chinese Investment
    Hungama Digital Media – Indian Companies with Chinese Investment

    Hungama Digital Media Entertainment serves as an aggregator, developer, publisher, and distributor of Bollywood and Asian entertainment. Xiaomi made its first investment in an Indian company by pouring $25-million in Hungama Digital Media Entertainment.

    Marsplay

    Chinese Investor: Xiaomi

    Marsplay - Indian Companies with Chinese Investment
    Marsplay – Indian Companies with Chinese Investment

    Marsplay is an online platform that allows users to discover and share fashion and beauty tips. Marsplay Internet Private Limited, the parent company of Marsplay, raised funding from Xiaomi in 2018, although the exact amount was not disclosed.

    Oye! Rickshaw

    Chinese Investor: Xiaomi

    Oye! Rickshaw - Indian Companies with Chinese Investment
    Oye! Rickshaw – Indian Companies with Chinese Investment

    Oye! Rickshaw is an electric rickshaw mobility platform that connects driver-partners and users. The best part is it is environment-friendly and is on a mission to make people commute without any problem. Oye Rickshaw raised an undisclosed amount of funding from Xiami in 2020.

    ShareChat

    Chinese Investor: Xiaomi and ShunWei Capital

    ShareChat - Indian Companies with Chinese Investment
    ShareChat – Indian Companies with Chinese Investment

    ShareChat is an Indian Social networking service, and it was incorporated on January 8, 2015. The main attraction of this app is that it support over 15 languages. ShareChat raised funds from Xiaomi and ShunWei Capital, a Chinese venture capital firm. Both the investment amount was not disclosed

    ZestMoney

    Chinese Investor: Xiaomi

    ZestMoney - Indian Companies with Chinese Investment
    ZestMoney – Indian Companies with Chinese Investment

    ZestMoney is the largest and fastest-growing consumer lending fintech company in India. ZestMoney’s platform enables instant approval and disbursal of small-ticket loans. Xiaomi invested an undisclosed amount in ZestMoney in 2018.

    OYO

    Chinese Investor: Didi Chuxing

    OYO - Indian Companies with Chinese Investment
    OYO – Indian Companies with Chinese Investment

    OYO, the multinational hospitality chain is famous for its budget rooms and it is considered the biggest network of hotels in India. It is also spread in more than 199 cities and serves its people. In the year 2019. Didi Chuxing a transport company invested $100 million in OYO.

    PolicyBazaar

    Chinese Investor: Tencent

    Policy Bazaar - Indian Companies with Chinese Investment
    Policy Bazaar – Indian Companies with Chinese Investment

    Policy Bazaar is a company that provides online life insurance and general insurance. The Indian multinational fintech company has been here for 14 years and has been serving people. Tencent invested $150 million in PolicyBazaar in the year 2019.

    Delhivery

    Chinese Investor: Fosun

    Delhivery - Indian Companies with Chinese Investment
    Delhivery – Indian Companies with Chinese Investment

    This Indian logistics and supply chain company’s main service is to transport parcels and provide third-party logistics for e-commerce companies. In the year, 2017 Fosun, a Cho9nese conglomerate company invested $3o million in Delhivery.

    FAQs

    How many Chinese companies are there in India?

    There are 105 Chinese companies in India.

    Is BigBasket funded by China?

    BigBasket is an Indian online grocery delivery service. Alibaba invested in BigBasket in 2018. The investment assists BigBasket in competing with the US-based Amazon and India’s Flipkart. The company’s valuation exceeded $1 billion with the help of Chinese investment.

    Is flipkart funded by China?

    Flipkart is an Indian e-commerce company based out Bangalore, India. Chinese investors like Tencent Holdings and Steadview Capital have invested more than $300 million in Flipkart.

    Is Paytm owned by China?

    Paytm launched the Paytm Mall app in Feb 2017; Paytm Mall follows a business to consumer model. It is an e-commerce platform that allows consumers to shop from 1.4 lakh registered sellers. Alibaba invested in Paytm Mall for a 40% stake but refused to fund Paytm Mall further.

    What are the Chinese Investment Companies in India?

    Top Chinese Investment Companies in India are:

    • Tencent
    • Alibaba
    • Xiaomi

    How many Chinese companies are listed in Indian stock market?

    There are a total of 16 Chinese FPIs registered in India.

    What are the top companies that received funding from Chinese company in India?

    Top companies that received funding from Chinese company in India are:

    • Bigbasket
    • Dailyhunt
    • Paytm
    • Dream11
    • Ola
    • BYJU’s
    • Flipkart
    • Swiggy
    • Udaan
    • Practo

  • Why Alibaba might be Fined $1 Billion by China

    Alibaba Group was founded on 28 June 1999. It is known as Alibaba Group Holding Limited and also as Alibaba.com. It is a multi-national company which is based in Zhejiang, China. Alibaba group specializes in e-commerce, technology, retail, and the internet.

    Alibaba is one of the world’s largest e-commerce and retail companies. It was also rated as the fifth largest Artificial Intelligence company in the world in 2020. Jack Ma is the founder of the company. The company has around 117,000 employees as of 31 March 2020.

    The company’s name was derived from the character Alibaba from the middle-eastern story, One thousand and one nights. The name signifies that the company is Universal.

    The company is considered one of the 10 most valuable corporations. Alibaba group is named as the world’s 31st largest public limited company according to the Forbes 2000 2020 list.  As of 2020, the company has the sixth-highest global brand valuation. The company owns and operates different organizations in different business sectors across the globe.

    Alibaba group has been facing certain legal actions from the Chinese government. The company is being criticized and the company is asked to pay around $1 billion as a fine to the regulators. Let’s look at the reason behind it.

    Reasons Why Alibaba might be Fined?
    What Jack Ma said about Alibaba being fined?
    Consequences of the Fine
    FAQ

    Reasons Why Alibaba might be Fined?

    Alibaba Group has already faced legal actions in the past. Alibaba Group had forced their e-commerce sellers to pick any one platform. They have stopped their merchants to list themselves on other platforms which are against the rule of the Chinese Government.

    Alibaba is said to have alleged the anti-competitive practices by the 2008 antimonopoly law. It is said that the company had acquired its competitors without getting approvals from the government. The company had declared themselves that the acquired companies were not their competitors.

    In addition to this Alibaba group’s founder, Jack Ma’s business empire is being investigated by the Chinese Government as he had spoken against the Chinese regulatory system in October 2020.

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    What Jack Ma said about Alibaba being fined?

    Jack Ma said that good inventions will be able to exist with regulations but they wouldn’t exist with old-fashioned regulations. He gave an example saying that one cannot manage an airport the same way they manage a train station. He told that in the same way, we won’t be able to manage our future the way we manage the past. This was a statement made for the regulations laid down by the Chinese Government.

    He also spoke about the financial system of China saying that they should develop and depend more on credit system development. He said that they should move away from the pawnshop mentality within the financial industry.

    Annual revenue of Alibaba Group
    Annual revenue of Alibaba Group

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    Consequences of the Fine

    China’s state administration has asked Alibaba group to pay an amount of $1.3 billion. The fine was implied for breaking the 2008 anti-monopoly law. This is the maximum fine collected under the law.

    The Alibaba Group was fined for investing an amount of $692 million in Intime during the year 2014 and for bidding an amount of $2.6 billion in 2017 for privatizing Intime.

    This will be the highest fine ever paid by a corporate in the history of China. Alibaba group has also been asked to cancel its association with the company’s founder Jack Ma. The regulators have told that if they fail to disassociate with their founder the company will have to face actions.

    They will have to pay the fine only if they don’t follow the rules of the Chinese government. Also do not end the policy where they force the merchants to sell only on their platform. The company is also been asked to withdraw its investments from some businesses. The regulators want the company to remove non-core businesses from its core retail operations.

    Ant Financials which is a subsidiary of Alibaba group has been claimed as a risk for the Chinese Financial system. The company was asked to undergo certain changes which are said to affect their business model.

    Alibaba Group had to temporarily stop the IPO plans of Ant financials due to the allegations. The authorities of Beijing stopped the IPO issue of Ant financials which was supposed to be for $37 billion.

    FAQ

    How much does Jack Ma earn per second?

    Jack Ma earns $0.32 per second and $1,141.55 per hour.

    What percent of Alibaba does Jack Ma own?

    Jack Ma owns 8% of Alibaba group.

    Who is the richest person in China?

    Jack Ma is the richest person in China with a net worth of 48.2 billion as of July, 2020.

    Conclusion

    Mr. Ye Han, a partner at Beijing-based law firm Merits & Tree told that the message was clear. The companies are supposed to seek approvals from the government for such deals in the country. He is a person who has a specialization in anti-trust, mergers, and acquisitions.

    Alibaba Group has said that they would actively corporate with the regulators regarding the case and their business operations would remain normal during that time.

    The regulators took strict actions against the company after the founder Jack Ma’s speech during the Bund Summit in October. He spoke about the countries strict regulations and the over dominance over the banking industry. This has led the Chinese regulators to take strict actions against the company.

  • Startups funded by the Alibaba Entrepreneurs Fund

    Entrepreneurship and Business are some of the growing professions in the recent times, and cohorts of entrepreneurs are working on their own startups with unique and actionable ideas. Startups with innovative ideas, applicable solutions, and a roadmap to build a fortune out of them are often funded by venture capital and investment firms. Such firms offer private equity finances to startups in need of funds in return for a fraction of the company itself. While there are discrete firms for such investment, larger corporations including Google and Microsoft haven’t held back from this either.

    Alibaba Group is another such corporation that has taken to venture investment in startups, and has since invested in over 200 different funding rounds in smaller companies and startups. With the latest investment made in December of 2020, Alibaba Group has also made 4 diversity investments while also having acquired 32 organizations. So here we discuss 10 innovative and promising startups that the Alibaba Group has invested in, and the services they have to offer.

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    Lynk
    Kloudless
    KKday
    Pickupp
    ZStack
    Qupital
    Aqumon
    Kneron
    Airwallex
    Prenetics

    Lynk

    Lynk, a knowledge network to seek and share information, has raised a mammoth $24 million in Series B funding by Alibaba Entrepreneurs Fund and 2 other investors. Lynk offers a global network of over 840K knowledge partners from every major sector, enables users to build a knowledge platform, as well as create their own profile to get discovered and consequentially rewarded. Be it the investment sector, the corporate world, or even professional services, Lynk Answers has insights on most of the topics you can ask for, and while it is quite comprehensive in itself, Lynk is coming up with a couple of more platforms including the Lynk Circle and the Lynk Infinity.

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    Kloudless

    Kloudless, an API integration platform for software developers, has raised about $7.3 million in Series and Seed funding from 17 investors, including the likes of Alibaba Entrepreneurs Fund and Bow Capital. Kloudless strives to unify endpoints and data models across SaaS API to evade all the redundant hard work that goes into recurrent coding. Along with the unification, Kloudless also offers other functionalities including cloud storage, event scheduling, customer relationship management (CRM), email and chat, as well as incident management. Users can also avail real-time activity monitoring without any API maintenance.

    Also Read:

    KKday

    KKday is a travel experience platform that seeks to help others find and live their most ecstatic travel experience, and has raised about $107 million in different funding rounds from investors including the Alibaba Fund. When it comes to travel promotions, destinations, and trending products, KKday is one of the best platforms encompassing a variety of options, ranging from the adventure of deep sea to mesmerizing views from great heights. KKday also offers transportation including car rentals for local commute, as well as merchandise and commodities along with activities and also arranges for communication including sim cards and an internet connection.

    Pickupp

    Pickupp, an on-demand courier delivery service, has raised an undisclosed amount in 4 funding rounds and is backed by 10 investors including Cyberport Macro Fund and Alibaba. With its efficient door-to-door delivery service and delivery optimization, Pickupp helps online stores save up to 33% in the delivery costs. It offers on-demand service all seven days with real-time GPS tracking, drop off picture and e-signature, along with cash on delivery as well as API integrations. Moreover it also offers various plans including the Express Delivery service and the Same Day Delivery service, priced at different subscriptions so users can choose the better suited option.

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    ZStack

    ZStack, an open source Infrastructure as a Service (IaaS) software, and has been funded by 13 investors and 3 lead investors, and has raised an enormous $49 million over 3 funding rounds. Its productionized IaaS software offers users a unified cloud to manage data center resources for computation and storage along with an intuitive UI and quick installation of cloud on physical servers. It is also supported by a one-click cross version update for business continuity and resource reusability. Moreover, any devices employing the x86 architecture with a CPU can deploy the ZStack software enterprise seamlessly.

    Qupital

    Qupital is a fintech platform based in Hong Kong, and has raised about $8 million in funding from various investors including the Alibaba Entrepreneurs Fund. Qupital allows you to invest in some of the most promising E-commerce market with top notch digitized financing services by employing machine learning and data analysis. Qupital is known for the easy and straightforward application process with a data driven credit model without any mortgage. Moreover, with the quick loan and low cost financing, the complete process is streamlined and seamless.

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    Aqumon

    Aqumon, a Hong Kong based fintech company and digital wealth management platform, thus far has raised about $30 million from 6 investors including the likes of Alibaba and Cyberport. Aqumon is one of Hong Kong’s leading investment platforms and allows you the access of smart portfolios in a matter of minutes. Aqumon has a seamless investment procedure where all yo need to do is offer some insights about yourself in a short test, and Aqumon finds the perfect portfolio for you, so you can watch as your money grows. Also, even if you can’t monitor the markets on a daily basis, or can’t find the best investments, Aqumon does it for you, while you can sit back and relax.

    Kneron

    Kneron is an AI based solutions provider, and has raised over $73 million in funding in 4 funding rounds from 9 investors including Qualcomm and Alibaba. Kneron’s innovative and robust on-device Edge AI offers solutions to work seamlessly with cloud based AI systems, to simultaneously generate and infer data and results. Kneron offers Reconfigurable Artificial Neural Network (RANN), that adapts to recognize audio, 2D, and 3D inputs while also being compatible with AI frameworks and neural networks. Moreover,  it also enables users to customize and integrate total system hardware and software solutions to make it ideal for AI computing.

    Relevant Read:

    Airwallex

    Airwallex is a global payments fintech platform that empowers businesses to operate seamlessly, and has raised $402 million in 11 funding rounds backed by 8 lead investors and a total of 17 investors. Airwallex enables business across the globe efficient and seamless trading and reduces currency exchange friction while also introducing you to revenue streams in newer markets. You can also hold your funds in a foreign currency, and reduce fee when converting and withdrawing funds in your preferred currency. Moreover, Airwallex also allows for low fee international payments with faster methods along with batch payments.

    Prenetics

    Prenetics, a genetic and diagnostic health testing platform has raised $67 million in funding from 10 investors including Alibaba Entrepreneurs Fund and Venture Capital. In the wake of the pandemic, Prenetics was appointed and sponsored by Hong Kong’s government for COVID-19 testing, and with the help of Oxsed, Prenetics has helped over 200K staff of restaurants, supermarkets, and other services by identifying and isolating infected individuals. Prenetics has always strived to provide valuable and actionable health related information and has till date conducted 400K DNA tests worldwide and counting.

    Conclusion

    Alibaba Entrepreneurs Fund is a non-profit subdivision of the Alibaba Group, and is aimed at helping the Startup Ecosystem grow. While Alibaba offers a Youth and an Investment program that is more focused Hong Kong and Taiwan based entrepreneurs, it has also invested in Startups from India and other foreign countries with great upside potential. All in all, lately many industrial giants including Google and Microsoft have demonstrated interest in funding startups, and in the near future, revolutionary startup ideas will be more than welcome for investment capital and mentorship.

  • Chinese App Ban: Creating New Spaces for Indian Startups

    Chinese apps have had a huge market in India. The major users of Chinese apps like TikTok, Helo, ShareIt, UC Browser, Shein, PUBG, Club Factory, etc. were Indians. So these apps’ major revenue was drawn from our country.

    All that changed when the government of India banned Chinese apps and created new opportunities for Indian startups.

    Why were Chinese Apps banned in India?

    On June 29, 2020, the Indian government banned 59 popular Chinese mobile apps including widely used TikTok, ShareIt, WeChat, UC Browser among others; and followed that up by banning 47 more apps in July. So far, the government has banned a total of 224 apps having China links(appendix).

    Chinese apps banned in India

    According to the Ministry of Electronics and Information Technology, the apps were engaged in activities that are prejudicial to sovereignty and integrity of India, defense of India, the security of the state and public order. The apps were secretly stealing and transmitting user data in an unauthorized manner to servers located outside India.

    The blocking order was issued under Section 69A of the Information Technology Act. This massive app banning comes just days after Indian and Chinese troops were involved in a fresh face-off at the border.

    India a major market for banned Chinese apps

    India was a large and growing market for many of the Chinese apps banned in the country. TikTok, the most popular among them, had 16.4 million new installs in June 2020. Overall, the app has over 200 million active users in India, which amounts to almost 40% of its 500 million users worldwide.

    TikTok’s sister app Helo, which caters to regional language audiences, also occupied a 50 million userbase in India.

    Bigo Live, a live streaming app, and Likee, a video streaming app, are also very popular in India. Likee has run several engagement campaigns on its platform in association with leading Indian brands. In 2019, it partnered with Salman Khan Films to promote Dabangg 3.

    Alibaba-owned UC browser has over 130 million active users in India. In fact, UC browser was the second leading mobile browser in India, with a 14.5% market share after Google Chrome, as of May 2020, and over 6.1 million new installs in June 2020 in India.

    Chinese apps alternatives

    Response of Indians after the ban

    According to Indian press reports, local entrepreneurs and venture capitalists are welcoming the ban on Chinese apps, suggesting it could boost local companies, particularly those operating in the sectors of e-commerce, social media, and gaming sectors. Several business tycoons who experienced success, as well as failure in the Indian tech startup ecosystem, have spoken in the government’s decision’s favor.  According to them, the ban will help the Indian businesses to establish better in the GDS alternatives to the Chinese apps which have been banned.

    Vijay Shekhar Sharma, CEO and founder of Paytm, said that this could bring a “digital revolution” in India.

    “Bold step in the national interest. A step towards Atmanirbhar App ecosystem. Time for the best Indian entrepreneurs to come forward and build the best by Indians, for Indians!”

    Top 300 apps on Play Store in India Split

    Opportunity for Indian Startups

    The ban on Chinese apps, which had secured an enormous mass of Indian users over the years, provides India’s startups an opportunity to step up and conquer the market.

    Most apps that have been banned have been successful in their local markets, and have used the consequent resources to expand in India. Their journey provides Indian startups a potential playbook, that if executed well, could place many of India’s apps on the global map.

    The steps taken by the Indian government, such as announcing the ‘Atmanirbhar’ (self-reliance) App Innovation Challenge, suggests that it has a strategy to make India digitally secure and independent.

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    While the ban has come in the midst of the Covid-19 pandemic, it will certainly pave the way for more homegrown startups to launch Indian equivalents of the banned apps.

    This is a great opportunity to serve consumers with a great product. Speed of innovation and understanding of local consumer behavior will be critical for our companies to compete effectively with other offerings and this ban is like a marketing boost for Indian apps. The ban brings forth a plethora of opportunities and is in sync with the ‘Aatmanirbhar Bharat’ revolution spoken about by the prime minister.

    There is also a real ‘swadeshi’ (homegrown) sentiment among consumers right now” and that ensures local platforms have the opportunity and responsibility to serve India’s consumers.

    While many Indian startups who have Chinese investors could face pressure, this is also an opportunity for local investors to take bigger bets on Indian startups. Such moments rarely come in a lifetime and players in the startup ecosystem must recognize the massive opportunity.

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    Indian tech platforms have the potential to go global

    The idea of Indian apps stepping in to fill the vacuum and potentially going global is not far-fetched. This ban provides Indian app developers and entrepreneurs a chance to build a digital business by creating world-class solutions. It also provides existing players across social, messaging, utilities, and gaming categories to spread their wings farther.

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    Platforms such as Glance with more than 100 million daily active users, and Roposo with more than 75 million downloads, are already competing at scale with global players. Together, these account for nearly 40 percent of India’s smartphone population. Jio, with nearly 400 million subscribers, has 33 percent of India’s telecom subscribers. They might well become the largest tech businesses leading the Made In India narrative on the global platform.

    Final Words

    The ban on mainstream Chinese apps gives Indian tech startups a little longer runway to catch up and present compelling products that can appeal to users while respecting their privacy. While our Indian companies could benefit from this ban only if we can build attractive, reliable products that are part of a for-profit, pro-privacy IT ecosystem for humanity.

    Appendix

    List of banned Chinese apps in India.

    • APUS Launcher Pro
    • APUS Launcher
    • APUS Security
    • APUS Turbo Cleaner 2020
    • APUS Flashlight
    • Cut Cut
    • Baidu
    • FaceU
    • ShareSave by Xiaomi
    • CamCard
    • CamCard Business
    • CamOCR
    • VooV Meeting
    • Super Clean
    • Small Q brush
    • WeChat reading
    • Government WeChat
    • WeChat Work
    • Tencent Weiyun
    • Cyber Hunter Lite
    • Pitu
    • Cyber Hunter
    • Knives Out
    • Super Mecha Champions
    • Dawn of Isles
    • LifeAfter
    • Ludo World
    • PUBG MOBILE LITE
    • Chess Rush
    • Rise of Kingdoms: Lost Crusade
    • PUBG MOBILE Nordic Map
    • Warpath
    • Art of Conquest: Dark Horizon
    • Dank Tanks
    • Gallery Vault
    • Game of Sultans
    • Smart AppLock
    • Message Lock
    • Dual Space
    • AppLock
    • AppLock Lite
    • ZAKZAK Pro
    • ZAKZAK LIVE
    • Music
    • Music Player
    • Cleaner – Phone Booster
    • Photo Gallery HD & Editor
    • Photo Gallery & Album
    • Music Player – Bass Booster
    • Web Browser & Fast Explorer
    • Video Player All Format for Android
    • Gallery HD
    • Video Player
    • Amour
    • MV Master
    • APUS Message Center
    • Carrom Friends
    • Ludo All-Star
    • Bike Racing
    • Rangers Of Oblivion
    • Z Camera
    • GO SMS Pro
    • U-Dictionary
    • Ulike
    • Tantan
    • MICO Chat
    • Kitty Live
    • Alipay
    • Mobile Taobao
    • Road of Kings- Endless Glory
    • AlipayHK
    • Penguin FM
    • Youku
    • Sina News
    • Netease News
    • Murderous Pursuits
    • Mobile Legends: Pocket
    • HUYA LIVE
    • VPN for TikTok
    • iPick
    • Little Q Album
    • Hi Meitu
    • Beauty Camera Plus
    • Parallel Space Lite
    • Rules of Survival