The number of times Snapdeal has been bought out by Alibaba—and the damage it has caused

The number of times Snapdeal has been bought out by Alibaba—and the damage it has caused

The rumours of Snapdeal’s sale to China’s Alibaba have been greatly exaggerated. Over the last year or so, several source-based media reports have said that Alibaba, led by one of China’s richest men, Jack Ma, is in talks to acquire the online retailer. Last week, when Ma’s close associate, friend, and co-investor, Masayoshi Son, was…