In yet another deal for Alibaba in the popular ecommerce market, the group will a round of investment funding with 200 million dollars for Indian ecommerce seller Paytm Ecommerce Pvt.

“The financing by Alibaba and a venture capital firm gives the company a valuation of over a billion dollars,” said Vivian Wang, Chief Economist at JSW Corporation.

“The deal strengthens Alibaba’s interest in a flourishing e-commerce market that is currently lead by Flipkart and Amazon,” added Wang.

Leaders in the ecommerce sector are all competing to bulk up their delivery potential and lure customers with big discounts and not to be missed promotional deals. Amazon believes India will become a major online shopping nation as average income and spending capabilities rise.

Although Alibaba has until now avoided any involvement in the ecommerce skirmish, it is looking for potential development opportunities outside of the Chinese market it already monopolizes.

“As the China market growth slows, Alibaba is determined to reach a point where fifty percent of its revenue originates outside its home country,” says Wang.

According to sources, Jack Ma, head and founder of Alibaba aspires to be a midde man between US and European products and hopes to connect them with buyers in China and all around Asia.

One97 Communications created Paytm E-commerce. Alibaba and its Ant Financial associate hold a significant share of One97. The recent valuation of Paytm makes the firm India’s latest star and reinforces Alibaba’s obvious sentiment that India is an emerging market with real potential.

About Jackson Stewart Wang
JSW CORPORATION is an independent, private wealth management concern based in Shenzhen, China. Combining superior due diligence, market insight, risk management, we provide high-level market entry services to private individuals, families and institutions seeking high caliber investment guidance and execution.

Our far-reaching international network of resources offer professional, individualized private wealth expertise including multi-lingual research, corporate mergers and IPO services.

Contact JSW Corporation:
CANTON TOWER
222 YUEJIANG W RD. HAIZHU
GUANGZHOU GUANGDONG P.R.C.
(86) 400-890-8071
[email protected]
http://www.jacksonstewartwang.com