N/APosted on - 11/27/2014
We all know very well that the founder of AliBaba is the richest person in China with a net worth of $30 billion. It is said that he is in India with 99 top business delegates from China and has plans to meet Snapdeal’s founder Kunal Bahl. Does AliBaba have plans to acquire Snapdeal through its common investor?
Does AliBaba have plans to acquire Snapdeal through its common investor?
As you know Alibaba met Kunal Bahl with 99 other delegates but
according to official sources there's no consensus about the
aquisition of Snapdeal by the Alibaba group. The buzz is that
Alibaba group want to just take an intiative of starting their
business in India with the snapdeal and introduce Alibaba in Indian format.