Alibaba is not buying India’s Snapdeal – source

Fri Dec 02 2016
Ray Pierce (841 articles)
Alibaba is not buying India’s Snapdeal – source

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

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