India: Snapdeal, Aditya Birla Group front-runners to buy Rocket Internet's Jabong

India: Snapdeal, Aditya Birla Group front-runners to buy Rocket Internet's Jabong

Image sourced from Jabong's Twitter page

Online fashion retailer Jabong.com has expedited its sale process as the firm’s owners, AB Kinnevik and Rocket Internet, are reluctant to pump in more capital into the company in a gloomy e-commerce market.

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