Alibaba Continues To Strengthen Its Presence In India: Buying Stake In Indian Logistics Company?

As Amazon invests heavily in India looking to expand its footprint in the region and dominate its e-commerce market, Alibaba is gradually putting together the necessary pieces to grow organically in the region. Reports suggest that the Chinese e-commerce giant is in talks with two e-commerce logistics firms in India, Delhivery and Xpressbees, for a potential investment to build its logistics infrastructure. Alibaba already holds a stake in not only the Indian e-commerce company Snapdeal, but the...