Chinese e-commerce giant says its 100 billion yuan (US$15.58 billion) investment aims to drive down logistics costs and bolster capacity from its current 100 million packages a day.
One of the earliest e-commerce market players in Singapore, Qoo10 is planning a new round of funding as it looks to refocus on the local market, which it says still offers significant growth potential.
"Strategic investment" will complement Alibaba's own travel platform Taobao Travel, says the company, adding another deal to a string of investments amid talk about an anticipated IPO.
China's largest e-payment service will waive newly introduced levy on online transactions if these are placed via mobile devices, as it looks to drive more users for its mobile app.
Alibaba opens an office in Singapore to expand its e-commerce unit Taobao Marketplace, which will serve as the company's Southeast Asia hub and support its customers and business in this region.
E-commerce giant is reportedly testing the service with India Post to cater to customers who don't want to make upfront payments, and in a country where 80 percent of online transactions are completed with cash-on-delivery.
GrabTaxi and Hailo receive certificates of registration to offer taxi booking services in the country, but have to adhere to rules set by the regulator including using only licensed taxi drivers.
China's Alibaba Group will invest S$312.5 million (US$248.88 million) for a 10.35 percent stake in SingPost as part of efforts to beef up the e-commerce operator's logistics network.
Chinese e-commerce giant is looking to privatise department store chain, Intime, with an estimated US$2.6 billion, in a move it says heralds a "new form of retail in China".
After running trials in Hong Kong and Kuala Lumpur, the carpooling app platform now wants to focus its attention on its domestic Singapore market where it hopes a targeted IPO in 2022 will fund its ambition of growing its user base and product offerings.