Alibaba re-evaluates India strategy, may focus on smaller deals
- The Chinese e-commerce firm is likely to make more vertical e-commerce investments and smaller deals
- The potential shift in strategy follows Alibaba’s disappointments at some of its large e-commerce bets in India
MUMBAI : Alibaba Group Holding Ltd is reviewing its India investment strategy that could see the Jack Ma-led Chinese e-commerce giant take a more judicious approach by making more vertical e-commerce investments and smaller early-stage deals, three people aware of the matter said.
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