NEW DELHI—SoftBank Group Corp.’s attempt to merge India’s two biggest homegrown e-commerce companies to compete with Amazon.com here hit a roadblock. For months the Japanese conglomerate has been pressing Snapdeal.com, in which it owns a stake, to combine with market leader Flipkart Ltd., according to people familiar with the matter. But Snapdeal said Monday it is calling off the talks. “Snapdeal has been exploring strategic...

Source: Wall Street Journal July 31, 2017 12:22 UTC