Alibaba in talks with Reliance Retail to set up 'mega' joint venture; may invest $5 billion
Alibaba in talks with Reliance Retail to set up 'mega' joint venture; may invest $5 billion
The mega JV is being planned by Alibaba and Reliance Retail to challenge the likes of Flipkart and Amazon who have been making significant inroads in the Indian e-commerce industry.  

 
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