Softbank Bets Big on India's Snapdeal

Softbank Bets Big on India's Snapdeal

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Interactive Video

Business

University

Hard

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The transcript discusses the Indian government's digital campaign, aiming to connect thousands of villages through the national optical fibre program. It highlights significant investments, including a $5.9 billion government investment and SoftBank's $627 million investment in Snapdeal, making it the largest shareholder. Snapdeal plans to use this investment to enhance technology and supply chain management to compete with Amazon. Additionally, SoftBank's chairman is exploring further investments in Indian startups, seeking the next big success like Alibaba.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the national optical fibre program aiming to achieve by the end of this year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much is the government expected to invest in the digital campaign?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant investment did SoftBank make in Snapdeal?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the purpose of SoftBank's additional investment in Snapdeal?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is SoftBank's goal in identifying the next Alibaba from India?

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