Alibaba is not buying India’s Snapdeal – source

Fri Dec 02 2016

SAN FRANCISCO : China’s Alibaba Group Holding is not buying Indian e-commerce company Snapdeal and is not in talks to do so, a person familiar with the matter said on Thursday, dampening talk that an acquisition was in the works.

Ray Pierce

Ray Pierce is a Senior Market Analyst. He has been covering Asian stock markets for many years.

Indices	Last	Chg	Chg%
DOW 30	43,838.50	+109.14	+0.25%
S&P 500	5,985.14	+12.04	+0.20%
FTSE 100	8,081.73	-59.01	-0.72%
DAX	19,212.00	-150.50	-0.78%
NIKKEI 225	39,500.40	+118.96	+0.30%
SHANGHAI COMPOSI	3,452.30	-18.36	-0.53%
NSE NIFTY	24,148.20	-51.15	-0.21%

Futures	Last	Chg	Chg%
DOW 30 FUTURES	43,799.50	+70.20	+0.16%
S&P 500 FUTURES	5,979.80	+6.70	+0.11%
FTSE 100 FUTURES	8,099.20	-112.40	-1.37%
DAX FUTURES	19,260.50	-187.50	-0.96%
SGX NIFTY FUTURE	24,172.50	-26.50	-0.11%
US DOLLAR INDEX	104.71	+0.21	+0.20%
S&P 500 VIX FUTU	15.480	-0.160	-1.030%

Commodities	Last	Chg	Chg%
GOLD	2,703.40	-2.40	-0.09%
SILVER	31.855	+0.000	+0.000%
COPPER	4.3400	-0.0915	-2.0600%
CRUDE OIL	71.170	-1.190	-1.640%
BRENT OIL	74.550	-1.080	-1.430%
NATURAL GAS	2.7440	+0.0510	+1.8900%

Currencies	Last	Chg	Chg%

Alibaba is not buying India’s Snapdeal – source

Ray Pierce

Related News