Home Japan's SoftBank buys $627 million stake in Indian online retailer Snapdeal
 

Keywords :   


Japan's SoftBank buys $627 million stake in Indian online retailer Snapdeal

2014-10-28 06:11:39| IT Services - Topix.net

Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest Internet user base. Highlighting India as a new priority in its aggressive expansion, SoftBank said on Tuesday it's also leading a $210 million round of investment in an Indian logistics business in a separate deal.

Tags: online million indian buys

Category:Information Technology

Latest from this category

All news

»
28.11 HEXAGON TR SET UP
28.1121dc hg
28.111EX D
28.11 Bucchus IMP24 FMH-RSM/M
28.11
28.11specialites TA carmina 46-36
28.11HUNTER×HUNTER
28.11
More »