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1 year ago

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Exclusive: India's Snapdeal to shelve $152 million IPO amid tech stocks rout

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Exclusive: India's Snapdeal to shelve $152 million IPO amid tech stocks rout

SoftBank-backed Indian e-commerce firm Snapdeal has decided to pull the plug on its $152 million IPO, the company told Reuters, making it the latest casualty of a meltdown in tech stocks that has soured investor sentiment.

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Exclusive: India's Snapdeal to shelve $152 million IPO amid tech stocks rout

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Exclusive: India's Snapdeal to shelve $152 million IPO amid tech stocks rout

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