With the company’s $5 billion investment, Alibaba is hoping to leverage its growing market presence to increase its presence in India and other emerging markets.

The investment comes as the company has been investing in other businesses in India, including in retailing, logistics, and technology, as well as investing in infrastructure projects.

Alibaba is also trying to leverage the company and its Indian subsidiary, Dhandha Technologies, as it seeks to expand its presence to more than 300 million people in India.

The company is also building out a digital marketplace, DhiH, in the country, which is intended to allow people to buy, sell, and exchange goods and services from one another.