Alibaba India partners with Infomedia

Entities Mentioned

• Komli
• Tradeindia

1. Alibaba India has partnered with Infomedia for their India portal - http://www.alibaba.com/countrysearch/IN/India.html
   
   Last year, Alibaba raised $1.7 billion via IPO and plans to use ~60% of the fund raised for strategic acquisitions and global expansion - apart from India, the company is also making inroads into Philipines, Thailand, Vietnam etc - i.e. emerging markets, which aren’t very structured but has huge upside potential.
   
   
   
   Alibaba currently has ~400K Indian suppliers and is targeting the 8 mn Indian SMEs that account for nearly 40% of the country’s industrial output.
   
   (Read Full Article)
   
   

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