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Question

In which among the following Indian cities, Chinese e-retail giant Alibaba has made investments in India's Snapdeal and Paytm is setting up its first office?

A

Thiruvananthapuram

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B
Mumbai
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C
Lucknow
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D

Ahmedabad

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E
New Delhi
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Solution

The correct option is B Mumbai
Chinese e-retail giant Alibaba, which has made investments in India's Snapdeal and Paytm, is setting up its first office in India in Mumbai. The office will be located at the commercial Bandra-Kurla Complex (BKC) in Mumbai. Alibaba Group Holding Limited is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals.

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