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Alibaba In Talks For An India JV With Infomedia18; Why Not Solo?

Online Business-to-business powerhouse Alibaba.com is considering a joint venture in India, CEO David Wei (in picture) told Reuters yesterday. Interestingly, Wei said that the company is not looking to be a controlling stakeholder. Alibaba's Indian Base In June this year, Alibaba had announced that the company had crossed 1 million SME members in India, adding around 40,000 SMEs a month and virtually doubling its base over a little over year. Wei had said then that India is Alibaba's largest supplier market after China. Bear in mind that at that rate, it'll be a long time before India comes even remotely close to surpassing China at Alibaba: 31.62 million of Alibaba's total 40.25 million registered users come from China, and only 8.62 million from the International market, as per an earnings release in May. Infomedia18, with whom Alibaba had announced a "multi-year strategic…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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