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Alibaba Group Holding Ltd (NYSE:BABA) And FOXCONN TECHNOLOGY (OTCMKTS:FXCOF) Preparing For A $500 Million Joint Venture In India’s Snapdeal

Chinese e-commerce firm Alibaba Group Holding Ltd (NYSE:BABA) is in talks with FOXCONN TECHNOLOGY (OTCMKTS:FXCOF) to start a joint investment worth $500 million in Snapdeal.com from India. Sources revealed that Snapdeal could be valued at $5 billion once the deal takes root. Snapdeal brings merchants and buyers together where they can trade a wide range […]

Nikesh Arora Named Potential CEO of Softbank Corp (USA) (OTCMKTS:SFTBF)

Nikesh Arora the ex-boss and once the highest earner of Google Inc (NASDAQ:GOOGL) have been named as the potential CEO of Softbank Corp (USA) (OTCMKTS:SFTBF). The Japanese division of the bank announced a reshuffle in the management, appointing current investments head, Nikesh Arora as the President and a potential successor to the current CEO Masayoshi […]