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SoftBank Corp betting big on Snapdeal & OLA

Japanese internet and telecom company SoftBank Corp, the largest shareholder in Chinese e-commerce giant Alibaba, is betting big on India. The Softbank group invested USD 627 million in e-commerce market plays snapdeal.com and USD 210 million in online taxi booking service, OLA.

November 10, 2014 / 15:54 IST
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Japanese internet and telecom company SoftBank Corp, the largest shareholder in Chinese e-commerce giant Alibaba, is betting big on India. The Softbank group invested USD 627 million in e-commerce market plays snapdeal.com and USD 210 million in online taxi booking service, OLA.

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TAGS: #Alibaba #Business #Ola #snapdeal.com #Softbank Corp
first published: Nov 10, 2014 03:54 pm

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