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Alibaba in talks to buy stakes in Micromax at USD 1.2bn? 2015-05-09 07:01:43
Alibaba Group’s arm is reportedly in talks with India’s Micromax Informatics for buying a 20 percent stake (approximately) in the second-largest smartphone brand in India by sales. The Chinese-commerce giant is expecting the huge market in India with the deal....
Keywords: India and e commerce, Smartphone market, Micromax share value, Alibaba success
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