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Tuesday, November 30, 2021

SoftBank-backed Snapdeal targets $250 million India IPO in 2022

Snapdeal, founded in 2010, had emerged as one of the country’s leading e-commerce providers, but lost ground to its larger rivals. In 2017, it backed away from a potential merger with Flipkart that would have united the two local-e-commerce companies against Amazon, a deal that SoftBank had been pushing for.

from Tech-Economic Times https://ift.tt/3D8zZoX

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