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August 19, 2015 05:35 am GMT

Snapdeal Confirms $500M Investment From Alibaba, SoftBank and Foxconn

SnapdealIndian e-commerce platform Snapdeal has confirmed that it received $500 million of funding from three of Asia’s largest tech companies: Alibaba, Foxconn, and SoftBank. Returning investors Temasek, BlackRock, Myriad, and Premji Invest also participated in the round. Read More

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