Alibaba looks to buy stake in Flipkart: Report
China’s Alibaba Group (investor in Paytm and Snapdeal) is reportedly looking to acquire a stake in Flipkart. The deal will materialise if Flipkart offers a discount to Alibaba on its current valuation of $15 billion, as per sources cited by Mint. It is also in talks with Snapdeal to give a discount on its current valuation of $6.5 billion.