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February 26, 2014 10:58 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JfEFpDDRsh4/
EBay Bets Big On India, Pours Another $134M Into Online Marketplace Snapdeal
The e-commerce market in India continues to explode, fuelled by a rapid rise of online consumers and global investors keen to get a piece of the action. Today, eBay announced that it has invested $133.77 million in Snapdeal, one of the larger online marketplaces in the country. The move follows speculation of a deal in play (with one local blog pegging the figure even higher, $175 million), and… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/JfEFpDDRsh4/
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