Alibaba has expansion plans in India, Australia and New Zealand

Alibaba, China�s largest internet conglomerate has global ambitions. Jack Ma, Alibaba�s billionaire founder over the past one decade through the group�s various entities picked up stakes in promising internet companies all around the world.

Alibaba has expansion plans in India, Australia and New Zealand

Alibaba, China’s largest internet conglomerate has global ambitions. Jack Ma, Alibaba’s billionaire founder over the past one decade through the group’s various entities picked up stakes in promising internet companies all around the world.

Alibaba is planning to become a significant player in Indian e-commerce. Ant Financials, Alibaba’s investment arm has already made large investments in Snapdeal and Paytm.


According to media reports, Alibaba will pick up 40% stake in Paytm’s e-commerce business.

India will become the centre of Alibaba’s global expansion. It is the only country which has a growing internet population, has crossed the US, and still have a lot of headroom.

Ma also has plans for Australia and New Zealand. Alibaba’s Tmall and Tmall Global already houses more than 1,300 Australian and 400 New Zealand brands, the company said in a statement.

Alibaba will also expand its footprint in the areas of cloud computing, payments, digital entertainment and logistics, reports said.