Alibaba reportedly looking at buying a stake in Flipkart

Alibaba reportedly looking at buying a stake in Flipkart

Alibaba may be exploring the possibility of buying a stake in India’s online retailer Flipkart, according to local media reports. An article published on LiveMint said that the news had emanated from “three people familiar with the matter”, but there has been no confirmation or comment from either of the two companies.

According to the reports on LiveMint and other India-based news websites, the talks are at “a very initial stage” and the Chinese company is also considering the possibility of working with Snapdeal.  Flipkart is currently valued at $15bn and Snapdeal at $6.5bn.

 

Relevant Directory Listings

Listing image

Escher

Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Which one of the following SCM technologies will you be investing in over the next 2-3 years?

Thank you for voting
You have already voted on this poll
Please select an option!





MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This