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India

Deals Headlines

Snapdeal says not in talks for sale

Indian e-commerce marketplace Snapdeal on Wednesday denied it was in talks for a potential sale, after the Mint newspaper reported the company was in discussions with domestic rivals for a potential sale.

Alibaba buys out online ticketing platform Damai

China's Alibaba Group Holding Ltd has fully acquired online ticketing platform Damai.cn, the e-commerce giant said on Tuesday, marking a further push into entertainment by the firm as it expands beyond its core online retail business.

Nutella maker Ferrero buys U.S. confectioner Fannie May

Nutella maker Ferrero has signed a deal to buy U.S. confectioner Fannie May from online retailer 1-800-FLOWERS.COM for $115 million in a move to strengthen the Italian company's presence in the overseas market, they said in a joint statement.

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