India's Snapdeal to raise $500 mln from Alibaba, SoftBank, Foxconn -source
August 03, 2015 at 01:19 AM EDT
BEIJING, Aug 3 (Reuters) - Indian online marketplace Snapdeal is set to raise $500 million in investment from Alibaba Group Holding Ltd, SoftBank Group Corp and Foxconn, the trading name of Hon Hai Precision Industry Co Ltd , a person familiar with the matter said on Monday.