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SHOPCLUES
Singapore-based e-commerce platform Qoo10 acquires ShopClues in all-stock dealThe transaction is believed to have valued ShopClues at $70-$100 million, it was valued at $1.1 billion in late 2015.- ShopClues lays off 200 people to cut costsShopClues posted losses of Rs 2.08 billion (Rs 208 crore) for the year ended March 2018.
- Fashion and lifestyle accounted for over 50 per cent to total sales: ShopCluesThe new label -- focussing on affordable western wear and accessories -- is targeted at women in tier II, III and IV regions, ShopClues sai...
- ShopClues goes after tier 2 & 3 customers with 50-80% off on several categoriesWhile Flipkart and Amazon go after the urban and semi-urban customers with massive discounts, ShopClues is hoping to make the most of the f...
- ShopClues draws first blood in e-commerce battle with Snapdeal“They spent over $2 billion trying to be Flipkart and now they are spending half a billion dollars trying to be like ShopClues. We will hav...
- ShopClues board backs Radhika Aggarwal and Sanjay SethiRadhika, who is currently the chief business officer at ShopClues, said she is shocked by the unfounded and baseless allegations.
- ShopClues founder couple, Sandeep and Radhika Aggarwal, trades chargesSandeep Aggarwal said that he funded ShopClues with his personal savings for the first eight-nine months before raising $1.95 million from ...
- ShopClues goes offline in search of 1 million sellersThese offerings, targetted mainly at small and medium enterprises (SMEs), will be called Saarthi, and are also open to merchants outside th...
- Online marketplace ShopClues to invest Rs 1 crore across 4 startups“We are not sure yet if we will have a stake in the company or disburse the amount based on milestone,” says Ganesh Balakrishnan, ShopClues.
- No merger talks with Flipkart, says ShopClues"Really speaking, it is not the fact. Of course, mergers help but do not guarantee businesses to grow," ShopClues CEO Sanjay Sethi told rep...
- ShopClues acquires Bengaluru-based startup Momoe in a bid to build payments businessThe deal size is pegged at $10-12 million, with consideration being paid in both cash and stock. ETfirst reported about the deal on March 1...
- ShopClues to help vendors go online with GoDaddyUnder this initiative, merchants can choose the website as per their business, link it to the ShopClues portal, and access the company’s te...
- Shopclues wants Momoe, eyes a bite of payment businessThe Bengaluru-based payments firm, however, has multiple term-sheets and was in negotiations with other suitors as well, according to a sou...
- Shopclues at par with Snapdeal, Paytm with undisclosed funding valuing company at Rs 7,300 croreShopClues became the latest Indian ecommerce firm to enter the coveted billion dollar valuation club, snapping at the heels of Snapdeal and...
- ShopClues partners with South Korea to help merchants sell products in IndiaShopClues has partnered with a South Korean body to enroll 30,000 wholesale merchants, allowing them to sell directly to Indian businesses.
- ShopCLues to launch 'neighbourhood market' feature on its appOnline shopping portal ShopClues is launching a ‘neighbourhood market’ feature on its mobile app to connect local merchants to customers, j...
- Shopclues takes the cloud route to be the ecommerce operating systemAs online market-places in India transition to offer a bouquet of products and services, ShopClues wants to be the ecommerce operating syst...
- ShopClues launches financing platform for SMBsThe objective is to enable merchants with ambition to scale their business to newer heights, ShopClues co-founder and CEO Sanjay Sethi said.
- Shopclues expects to break even by January-March 2015Launched in November 2011, ShopClues.com clocked revenue of Rs 50 crore in April 2012-March 2013.
- Helion, Nexus invest Rs 54 cr in ShopClues.comShopClues founded by Sandeep Agarwal along with three ecommerce professionals, helps third party merchants to sell online with very low tra...
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