Snapdeal may draw investments from Alibaba, Foxconn3 min read . Updated: 17 Jun 2015, 09:18 AM IST
Reports say Foxconn chairman Terry Gou convinced Alibaba chairman Jack Ma that it made sense to invest together rather than separately in Snapdeal
Bengaluru/New Delhi: India’s second largest e-commerce firm Snapdeal is in talks with Taiwan-based phone parts supplier Foxconn Technology Group and Chinese e-commerce giant Alibaba Group Holding Ltd to raise money, two people familiar with the development said.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more