Chinese e-commerce giant Alibaba eyeing stake in Micromax to grow in India

Chinese e-commerce company Alibaba is in talks with  Micromax India to buy about 20 per cent Share in the smartphone maker, if the deal completed Alibaba investing $1.2 billion, Micromax is the second largest smart phone company in india by sales.

Chinese e-commerce giant Alibaba eyeing stake in Micromax to grow in India

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