ShopClues eyes operating profits

Unstructured online marketplace leader ShopClues on Thursday said it hopes to make operating profits in the coming financial year as it expands merchant as well as consumer base.

The company launched the ‘ShopClues Surety Program’, to ensure that products on its platform undergo an extensive five-point quality check. It is also scouting for acquisitions in areas like analytics, mobility and applications to strengthen its payment operations.