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Reuters reveals India’s Snapdeal to shelve $152 million IPO amid tech shares rout – Reuters Information Company

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Reuters reveals India’s Snapdeal to shelve 2 million IPO amid tech shares rout – Reuters Information Company


Enterprise & Finance

09 December 2022, 4:53 pm. 1 minute

Reuters was first to report SoftBank-backed Indian e-commerce agency Snapdeal has determined to tug the plug on its $152 million IPO, making it the newest casualty of a meltdown in tech shares that has soured investor sentiment.

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