Snapdeal is expected to announce the acquisition in the next two weeks
Massive festival offers by leading shopping websites will lure you to their sales
New Delhi: Online marketplace major Snapdeal is in talks to acquire logistics firm GoJavas in a deal estimated to be about Rs 150-200 crore, as it looks to further strengthen its delivery operations in the country.
According to sources, Snapdeal is expected to announce the acquisition of the former logistics arm of e-tailer Jabong in the next two weeks. The deal size could range between Rs 150-200 crore, they said.
( Source : PTI )
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