Alibaba eyeing Indian e-commerce firms

[XPosed]

NEW DELHI: Chinese e-commerce giant Alibaba is looking at acquisition of Indian e-tailers that have a large customer base as well as a robust network of merchants.
It is also looking at firms that can help improve customer experience as well as expand its range of products and services.

Alibaba eyeing Indian e-commerce firms - The Times of India

 

[Technoglitch]

it is looking for indian partner for quiet some weeks.

 

[IndianMascot]

They had been eyeing since last 2-3 years but couldn't make a breakthrough.

 

[NinadG]

"In February, Ant Financial Services -- part of the Alibaba Group -- had announced acquisition of 25 per cent stake in One97 Communications, the parent of mobile commerce firm Paytm.

In March, Alibaba pulled out of talks with Snapdeal on stake purchase due to high valuations being sought by the homegrown online marketplace."