Page 5 - Snapdeal

Snapdeal's digital gift card sales rise 300% during festive season

Snapdeal's digital gift cards can be used both online and in physical stores of leading brands and are valid up to one year

Product, not brand, is the cornerstone of Snapdeal's comeback strategy

What Snapdeal has done in the past two years, says a company spokesperson, is focus on the 'next 400 million online buyers'

Anand Piramal makes personal investment in e-commerce firm Snapdeal

The company said its recent Snapdeal 2.0 strategy allowed it to "rapidly build a differentiated business, with a sharp focus on value-priced merchandise - the largest segment in retail"

Acquisition of ShopClues by rival Snapdeal unlikely to materialise: Report

The acquisition of ShopClues by larger rival Snapdeal is unlikely to materialise, sources said. The two players were in talks for the acquisition in an all-stock deal. The companies have engaged in such discussions in the past as well, but this is the first time that it has made it to the due diligence phase. According to sources close to the development, there are concerns regarding some of the findings emerging from the due diligence conducted by advisory firm, Ernst & Young. When contacted, a Snapdeal spokesperson declined to comment on the status of the discussions with ShopClues or the findings of the due diligence report, citing confidentiality protocols. ShopClues too declined to comment on the matter. One of the persons said fall in the number of orders to about 25,000 a day, a high proportion of orders returned by the buyers and concerns around accumulated liabilities, potential litigation and unquantifiable tax risks seem to have made ShopClues an unattractive option for

Snapdeal in talks for fresh funding, may buy smaller rival ShopClues

The Kunal Bahl-led company is in talks to buy ShopClues to show investors it has the potential to grow

Snapdeal to face prosecution for illegally selling drugs: Karnataka govt

Meanwhile, Snapdeal, in a statement, said the company would extend required cooperation to law enforcement

Infibeam, Snapdeal terminate Unicommerce deal worth Rs 1.2 billion

In May, Infibeam Avenues had announced signing a definitive share purchase agreement (SPA) with Unicommerce eSolutions and Jasper lnfotech (which runs Snapdeal) to acquire 100% stake in Unicommerce

Delhi HC restrains entities from infringing on Snapdeal's trademark

The court also directed Go Daddy.com LLC, Endurance Domain Technology LLP, Wild West Domain LLC etc, to suspend infringing domain names during the pendency of the present proceeding

Optimisation pays off for Snapdeal, losses decline 87% to Rs 6.1 bn in FY18

The company said it reduced its business promotion expense by 88 per cent year-on-year, whereas fulfilment expenses were lower by 67 per cent y-o-y

Snapdeal has $125 million with run-time of a decade, says Kunal Bahl

According to a blog written by Kunal Bahl, from near-death to generating cash, it took a lot of courage, focus and discipline to turn the ship around sharply

Snapdeal announces its 'Mega Diwali Sale', from 10-14 October

Snapdeal has tied up with SBI, HDFC Bank, Standard Chartered, IndusInd Bank and Federal Bank for exclusive offers for the shoppers

Snapdeal announces mega deals sale, offers up to 80% discount till July 22

In addition, the sale also boasts of entry-level smartphones like iVOOMi V5 and Xolo Era priced at Rs 3499 and 4499 respectively

Future Supply Chain Solutions buys Snapdeal's logistics arm for Rs 350 mn

The deal with Future Group will help Snapdeal, which is looking to shed its non-core assets in a bid to survive in the hyper-competitive e-commerce market

Snapdeal CTO Rajiv Mangla steps down

Beleaguered online marketplace Snapdeal's Chief Technical Officer Rajiv Mangla put in his papers on Friday, just a few days after Chief Financial Officer Anup Vikal exited from the company. All these developments come almost two months after Snapdeal called off its merger plans with Flipkart.Mangla has been one of the key members of the leadership team and was instrumental in keeping the company's operations together during the tumultuous last few months. In his two years at the helm of the technology function at Snapdeal, Mangla worked closely in leading both strategic and operational responsibilities, contributing significantly in building capabilities and driving innovation. "Rajiv Mangla has played a key role in devising and implementing multiple technology initiatives at Snapdeal, including helping build Snapdeal Cirrus. His ability to continually align a range of on-going projects with the evolving business needs of the organization has been invaluable for Snapdeal," Rohit ...

Unbox Diwali Sale: A festive sale at Snapdeal, even amid reboot

Company is organising festive season sales where lesser-known economical brands take precedence over their high-end counterparts

Gameplan decoded: Kunal Bahl's Snapdeal 2.0 takes another shot at survival

After snatching firm from jaws of death thrice, Bahl tries luck with new model

Survival of the fittest: Snapdeal 2.0 is about being the Taobao of India

Taobao, founded by Alibaba in 2003, does not charge transaction fees and is free for merchants

Snapdeal could dent Flipkart's fight against Amazon

SoftBank is now likely to independently pursue the nearly $2-billion investment plan in Flipkart

FreeCharge-Axis deal provides boost to Snapdeal's future, says CEO Bahl

Snapdeal has an opportunity of a lifetime which it must seize, Bahl said

Snapdeal parent firm files FIR against former GoJavas promoters

GoJavas was founded in 2013 and has clients such as Jabong, Fabfurnish, Lenskart and Healthkart