Reuters reveals India’s Snapdeal to shelve $152 million IPO amid tech stocks rout


Business & Finance

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

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Asia

Countries: India

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story



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