MUMBAI: Alibaba Group Holding Ltd is reviewing its India investment strategy that could see the Jack Ma-led Chinese e-commerce giant take a more judicious approach by making more vertical e-commerce investments and smaller early-stage deals, three people aware of the matter said. To be sure, Alibaba has experienced some robust successes with its investments in India. Other key investments of Alibaba in India include e-commerce logistics firm Xpressbees. “In China as well as other countries, Alibaba has a three-pronged investment strategy of e-commerce, payments and logistics. The interest in smaller deals is further evidenced by Alibaba’s $2 million investment in Noida-based Vidooly in February.

Source: Mint May 05, 2019 18:56 UTC