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eBay Inc snaps up a deal with Snapdeal

New Delhi, Jan. 5 — eBay Inc, the world's largest auction and shopping portal, is doing some shopping of its own in India. It is negotiating to pick up a significant stake in online retailer snapdeal.com – a sign of the growing clamour among multinational giants to gain a bigger foothold in one of the fastest growing e-commerce markets."Ebay is looking to make a strategic investment in Snapdeal …

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