How Alibaba Is Expanding Its Footprint In India?

On December 7, Alibaba launched the SMILE platform in India through which the company plans to offer financing, logistics and technology solutions to 10 million SMEs (small and medium enterprises) in the country. Alibaba stated that currently 4.5 million SMEs in India are registered on the platform. Alibaba is looking to replicate its China experience in the Indian market and build a B2B platform while developing the e-commerce ecosystem. A report by Goldman Sachs suggests that India's e-commerc...