Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow
Alibaba Group Holdings Ltd may scrap plans to invest in online marketplace Snapdeal, technology website Recode has reported.
Snapdeal's Kunal Bahl tells team to follow DMart example. Sources close to the company says Snapdeal plans to launch an IPO by 2019.
Last year, traffic jumped 15 times on Snapdeal's 'Big Sale Day' on Oct 6, when it had clocked Rs 1 crore a minute of sales over 10 hours.
E-commerce company Snapdeal expects its furniture segment to reach a gross merchandise value (GMV) of Rs 1,000 crore.
As part of the partnership, about 1,000 homes across projects in cities like Mumbai, Pune, Ahmedabad, Bengaluru and Chennai will be put up for sale on Snapdeal.
While Tata Sons' Chairman Emeritus Ratan Tata has made an investment in e-commerce company Snapdeal, he is not involved in its functioning.
Flipkart, Amazon, too, under radar
Indian online retailers have been raising funds to expand and compete with bigger rival Amazon.com Inc as more Indians shop on the Internet.
Snapdeal delivers to the Dharavi centre, where buyers pick up their orders.
The company roped in Aamir Khan as its brand ambassador in March.
The company declined to comment on the banks or NBFCs that would be providing the loans.
#BoycottSnapchat became top trending topic after its CEO was accused of calling India 'poor'
Snapdeal also in talks with China's Alibaba and Taiwan's Foxconn to raise $1 bn.
The cash-rich Japanese company made waves with its plans to grow outside its home base last year when it bought No. 3 US mobile carrier Sprint Corp for $21.6 billion.
India's first true e-commerce marketplace is struggling for its survival and in it lies valuable lessons for pure play aggregators, say experts.
Snapdeal had rolled out a hike of 16 per cent and above for its top performers.
Celebrating Kisan Diwas, e-retailing firm Snapdeal on Tuesday announced the launch of "The Agri store", offering products like seeds, fertiliser and irrigation tools.
The Karnataka government is partnering with two leading e-retailing companies, Snapdeal and Amazon, to create a platform where the small and medium enterprises (SMEs) of the state can sell their products.
A section of Internet users mistook Snapchat to be Snapdeal and uninstalled the e-commerce app of the latter.
The news of markdowns in the value of Ola and Snapdeal comes at a time when both companies are in talks with investors to raise fresh funds to take on deep-pocketed competition.
If the deal goes through, Snapdeal founders will get $60 million (cumulative), of which half will be given to employees.
Flipkart co-founder Sachin Bansal on Friday took pot shots at Snapdeal saying India should not be blamed for the latter's failure to hire "great engineers".
Snapdeal to acquire GoJavas for Rs 200 cr, say sources.
The Kunal Bahl-led firm wants to add 1,000 sellers every three months in its loan scheme.
Chinese e-commerce giant Alibaba has received anti-trust regulator CCI's approval for buying 4.14 per cent stake in Snapdeal.
Letsgomo Labs has a 76-member team.
Snapdeal CEO Kunal Bahl said those who do not perform will have to leave.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
In India, Amazon has taken an open cheque policy by sinking in over $2 bn to grow its business and tried to build local innovations to help it score over local players Flipkart and Snapdeal.
According to sources, employees from marketing, ad-tech, category, digital marketing, engineering team, catalogues, have all been asked to leave.
The company has set target to sell 15-20 lakh units of Honor smartphones by the end of this year
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
The market is abuzz with the talk of Snapdeal raising up to $600 million (Rs 3,600 crore) with new investors such as Japan's Softbank and Japanese e-commerce company Rakuten.
The Bombay High Court had revoked the ban on Maggi on October 19 paving the way for it to be back on shelves.
There are 68 Philatelic Bureaux and 1,111 philatelic counters in the country.
Snapdeal to invest up to $200 mln to improve deliveries.
Tata Sons Chairman Emeritus Ratan Tata said e-commerce is one of the areas where is he looking to personally invest because of its "good potential" as a large proportion of the country's consuming public do not have the required access to goods.
'Shape up or ship out' message has been loud and clear across the new-age companies in the stressed market conditions
Around half the value of the mark-downs is due to the Japanese currency's appreciation against other currencies.
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