Alibaba is not buying India's Snapdeal: Source
Speculations were rife that Alibaba will acquire Snapdeal
 "A logo of Alibaba Group is pictured at its headquarters in Hangzhou, Zhejiang province, China. Photo: Reuters")
A logo of Alibaba Group is pictured at its headquarters in Hangzhou, Zhejiang province, China. Photo: Reuters
China's Alibaba Group Holding is not buying Indian e-commerce company Snapdeal and is not in talks to do so, a person familiar with the matter said on Thursday, dampening talk that an acquisition was in the works.
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First Published: Dec 02 2016 | 9:27 AM IST