SNAPDEAL

Snapdeal clocks Rs 846.4 crore revenue in FY20

The total revenue dipped marginally from Rs 925.3 crore in FY19 to Rs 916 crore in FY20 on account of reduction in finance and other income.

80% of Snapdeal’s Diwali shoppers chose regional & local brands

While in the previous years, shoppers used e-commerce channels to buy and ship to families and friends in other cities, this year many shop...

Sellers from smaller cities driving festive sales: Snapdeal

Ahead of Diwali, Snapdeal had opened 25 logistics centres to serve the surge in orders. This is now helping move the Diwali orders faster.

Snapdeal on-boards over 5,000 manufacturer-sellers in 9 months

Though it began on-boarding new manufacturers directly as sellers from January, majority of the sign-ups have taken place in the September ...

Snapdeal’s Diwali sale starts from October 16

Snapdeal worked with manufacturers to bring products for its customers at prices lower than last year. It added over 10,000 sellers in the ...

Flipkart partners Paytm for festive sale

Flipkart will host its annual 'The Big Billion Days' sale from October 16-21, while Myntra will hold its 'Big Fashion Festival' between Oct...

'KVIC forces Flipkart, Amazon, Snapdeal to remove fake khadi products'

These e-commerce portals were selling products like Khadi masks, herbals soaps, shampoos, cosmetics, herbal mehandi, jackets, kurta and man...

Snapdeal tests deliveries via robots

Ottonomy IO has developed delivery robots for autonomous last-mile and local deliveries. The robots can run along sidewalks and local stree...

Snapdeal's private cloud Cirrus saves it Rs 500 crore in four years

One of Cirrus' objectives has been to understand consumer behaviour for Snapdeal and enable it to offer a personalised feed to each and eve...

2% of India transacted on Snapdeal over the last 12 months: Kunal Bahl

Over the last three months we have seen over five million first time buyers who have come online and transacted on our platform and nearly ...

For SoftBank’s Masayoshi Son, the better TikTok deal is in India

Son might be just the man to bring TikTok back. He’s already one of India’s greatest foreign backers, having poured money into local startu...

AI startup Inspektlabs raises $600k Pre-Series A funding round from Better Capital & Titan Capital

Inspektlabs has so far inspected 100K cars in Japan, UK and India. As a response to COVID, Inspektlabs has also recently launched a new ins...

E-commerce companies like Amazon, Flipkart seek time to comply with labelling rule

Companies have been asked to provide feedback within a fortnight about the modalities after discussing it with sellers on their platforms.

Slow clearance of Chinese goods may put etailers like Amazon, Flipkart in a spot

India’s move to delay Customs clearance for goods, components and raw materials imported from China could hurt companies like Flipkart, Ama...

Snapdeal partners with Dailyhunt to add news content on marketplace

The integration will provide news content related to politics, sports, business, art, technology and cinema in 14 Indian languages to inclu...

Amazon.in & Snapdeal in notorious list is to motivate action on delayed Indian bills

India’s law on foreign direct investment (FDI) in ecommerce, too, has a clause asking for the clear display of the name, address and other ...

Snapdeal focuses on unit economics

Snapdeal co-founder Rohit Bansal said the key for Snapdeal now is to have a "product market fit" wherein it grows profitably, rather than a...