Office Depot and Alibaba Group Holding together launched an e-commerce website in the United States, offering hundreds and thousands of US-based small and medium businesses an opportunity to go global. The partnership was announced on Monday, as a result of which both companies will capitalise on the opportunities to do business with small and medium businesses directly.Office Depot is already reaping the benefits of this partnership as its shares shot up 10 percent to $3.9 in premarket trading on Monday. According to MarketWatch, this puts the shares of the company to open at the highest price seen during regular-session hours since October 2017. Alibaba shares were also up by 1.3 percent at $186.35 in premarket trading.Office Depot and Alibaba partnership would give the Chinese e-commerce giant access to Florida-based office supplies provider’s 10 million business customers and 1,800 sales agents. On the other hand, Office Depot will be able to gain access to Alibaba’s global network of 150,000 suppliers and get a major boost in its struggle to compete against Amazon.com. Alibaba and Office Depot partnershipReuters FileTogether, both companies will be able to tap into a $23.9 trillion global B2B e-commerce market opportunity. This is also a boon for small and medium businesses in the U.S. that will be able to sell their products globally and search for verified manufacturers, negotiate deals and make payments seamlessly from a single platform.Office Depot can provide next-day delivery to 99 percent of U.S. businesses and discounts will be provided on select purchases through Alibaba marketplace.”Leveraging Office Depot’s trusted brand, local presence, and national supply chain distribution network with Alibaba’s global supplier network and well-known capabilities in serving SMBs, U.S. businesses can now access a wide array of products and services through Office Depot and Alibaba.com’s collaboration, which will empower them to compete and thrive. Through this initial phase of work together with Alibaba.com, we intend to grow our collaboration in ways that will drive even greater value and choice for our current and future customers,” Gerry Smith, CEO of Office Depot, said in a statement.
With the world shrinking fast, cultural boundaries are vanishing and festivals have become global! An online art exhibition When worlds collide is a nine-day long display of this blending of cultures. Organised by Touchtalent.com, an online community for art and creativity, the exhibition will focus on the festivals from different regions like Diwali and Halloween. This exhibition would be live from 23 to 31October.Ankit Prasad, co-founder and CEO? of Touchtalent.com said, ‘This is an impressive opportunity for creative users from across the globe ?to be part of the? exhibition and celebrate world’s two important festivals?.’ Also Read – ‘Playing Jojo was emotionally exhausting’Touchtalent.com is a community of creative individuals to share appreciate and monetize creativity. Touchtalent has a social reach of 60 millions in over 192 countries. Everyday users from more than 100 countries visit Touchtalent to showcase their creative content.One sees a lot of creativity around these two festivals. In India people love to create and gift paintings, decorate their houses with rangoli etc, while in the west people dress creatively on the occasion of Halloween. The exhibition is an ingenious way of appreciating the diversity of faith. They are looking for entries that can celebrate the colourful and assorted celebrations all over the world.Artists can upload their creative work on www.touchtalent.com with hashtags #Festivals #Halloween or #Diwali before 22 October’. All selected artworks would be displayed in the exhibition.
Kolkata: A man was killed when a bullet fired accidentally from the service revolver of the security guard of Sub-Divisional Police Officer (SDPO) Egra and hit him in his head.The tragic incident happened when the security guard of Aftab Ali was cleaning his service revolver. The temporary sanitation worker Tarun Gharai, who died because of the firing, was declared brought dead at the local hospital. The police have arrested Pradip Singh, who is the security guard of Ali for his involvement in the incident. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: MamataAccording to police sources the incident took place in the barrack of security guards for VIPs when the victim was engaged in adda with Singh and some of his associates. Gharai was seated just in front of Singh when the incident took place. Gharai wanted to have a look at the revolver of Singh when the bullet got misfired with the hand of the latter getting pressed against the trigger. The bullet hit his head and he fell down on the ground due to its impact. He was first rushed to Egra super speciality hospital and was soon referred to Medinipur Medical College Hospital. However he succumbed to his injuries in the way. The police has slapped a case of culpable homicide not amounting to murder against Singh. SDPO Ali could not be contacted for comments.