Japanese investment firm SoftBank on the way to transform India's e-commerce scene.
The mobile is transforming the way we consume, trade and buy. Henceforth
all we need as a product or a service follow us in real-time and anywhere. Social
media, location-services and Big data/Analytics are at the core of this trends
with their abilities to combine valuable data.
Alibaba, a Chinese e-commerce's giant has demonstrated its ability to master
its inner market and its willingness to go global.
Nearby, Connectikpeople.co, soon #Retinknow can recall that investments for
e-commerce giants Flipkart and Snapdeal alone comprise nearly $2.8 billion of a total $5.3 billion raised by
India-based startups since 2013.
Japanese investment firm SoftBank announced it would invest over $800 million into deals for e-commerce
platform Snapdeal and on-demand taxi service Olacabs.
This may be a new endeavor for SoftBank, as, the firm is designing the Alibaba of the Indian market.