Tuesday, June 16, 2015

Alibaba, Foxconn in talks to jointly invest US$500M in Snapdeal

Sources say Foxconn Chairman Terry Gou convinced Alibaba’s Jack Ma to invest together, rather than separately Chinese e-commerce giant Alibaba*and Taiwanese electronics contract manufacturing company*Foxconn Technology Group, are reportedly in talks to jointly invest about US$500 million in Snapdeal, a deal that could value the Indian e-commerce company at about US$5 billion. According to the*Wall...
The post Alibaba, Foxconn in talks to jointly invest US$500M in Snapdeal appeared first on e27.


More...


via VRForums | Singapore Technology Lifestyle Forums - News around the web! http://ift.tt/1LgaktL

No comments:

Post a Comment