SoftBank taps India with stake in Snapdeal

SoftBank Corp has agreed to buy a US$627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest internet user base.

via South China Morning Post - Business feed http://www.scmp.com/business/companies/article/1627039/softbank-taps-india-stake-snapdeal