Alibaba is not buying India's Snapdeal: source

Reuters News
Posted: Dec 01, 2016 7:39 PM

SAN FRANCISCO (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.

(Reporting by Peter Henderson; Editing by Sandra Maler)