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Alibaba.com may launch joint venture in India

China's top e-commerce company, Alibaba.com Ltd. is considering establishing a joint venture in India to provide business-to-business e-commerce services, the Wall Street Journal reported.

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China's top e-commerce company, Alibaba.com Ltd. is considering establishing a joint venture in India to provide business-to-business e-commerce services, the Wall Street Journal reported.

The new Indian company will be similar to the joint venture Alibaba.com set up with Japanese mobile-phone and Internet company Softbank Corp, the leading US financial daily said citing Chief Executive David Wei. The Japanese joint venture caters to local small and midsize businesses.

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