Tuesday, June 4, 2019

With NBFC wings, Udaan eyes credit route for expansion

Udaan wants to be a multi-category trading platform with services including credit, logistics, Software as a Service, marketing, sales and distribution for the B2B trading industry. http://bit.ly/2Mr1ODG https://ift.tt/eA8V8J

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...