Company said it would be raising its 2017 full-year guidance for revenue growth from 48% to 54%
Funds will primarily be used to tap the huge potential of user-generated content in India
Alibaba becomes the official e-commerce and cloud services partner, joins 12 other companies
Last month US labelled Alibaba as one of the world's largest destinations for fake goods
For excluding Alaska & Hawaii on the US side,Taiwan & the South China Sea islands on the Chinese side
Alibaba grew into China's largest e-commerce retailer with its Taobao and Tmall platforms
The Alibaba Group Holding Ltd was recently put back on the US 'Notorious Markets' list
They allegedly sold fake Swarovski watches in violation of the company's services agreement
By many measures, counterfeiting is one of China's leading industrial sectors
Alibaba and its financial branch paid a total of 23.8 billion yuan in taxes in 2016
Alibaba's biggest acquisition of the year was South-east Asian e-commerce giant Lazada, reports Tech in Asia
Alibaba says it has increased efforts to find and eliminate counterfeit goods
The company says it has increased efforts to find and eliminate fake goods
USTR took Alibaba off the blacklist in 2012, but several US trade groups successfully sought to get it reinstated
The shopping event is preceded by weeks of marketing and advertising campaigns, reports Tech in Asia
Speculations were rife that Alibaba will acquire Snapdeal
Public displays of loyalty from its most elite customers also could help Alibaba buff a reputation hurt by revelations
Sales on its e-commerce platform climbed 32 per cent to 120.7 billion yuan ($17.8 billion), easily topping last year's total of 91.2 billion yuan
Says its strategy in India would be to reinforce the payment infra
Another feature will be a Pokemon Go-like augmented reality game, reports Tech in Asia