Alibaba to review its India investment strategy

Source: Livemint, Tuesday, May 7, 2019

Alibaba is realigning its investment strategy in India and plans to take a more judicious approach by making more vertical ecommerce investments and smaller early-stage deals in the country. The change follows Alibaba’s disappointments in some of its large ecommerce investments, such as those of Snapdeal and Paytm Mall, which have lagged behind industry leaders Flipkart and Amazon.