Sunday, 6 January 2013
Deal Alert: eBay to invest in Snapdeal: report
Posted on 19:50 by Unknown
Online marketplace eBay Inc is considering a minority investment in Snapdeal. eBay could join other existing investors led by Bessemer Venture Partners in the latest round of funding for the local e-commerce firm. eBay might initially acquire a 5% stake valuing Snapdeal at around $300 million.
Snapdeal operates a managed online marketplace for electronics, fashion, lifestyle clients among
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