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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...
- An IPO is now cooking at ShopClues' strife-hit homeShopClues is likely to list on Nasdaq in first quarter of fiscal 2018-19.
- 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...
- Shopclues appoints top executives"These new appointments are in sync with Shopclues' path to profitability," said Radhika Aggarwal, co-founder and CBO, Shopclues in a state...
- 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 expects over two-fold jump in Gross Merchandise Volume sales this fiscal"We are planning to close financial year 2016-17 at annualised GMV rate of $ 3 billion," Shopclues Chief Business Officer Radhika Ghai Agga...
- 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 in talks to raise $150-$200 million, eyes $1.2 billion in sales this yearTiger Global is expected to invest in Shopclues again in its latest fundraising round, sources said.
- 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.
- Mass market online retailer ShopClues raises $100 million from Tiger GobalThe deal with Tiger Global values ShopClues at $350 mn, & includes participation from existing investors Helion Venture Partners & Nexus Ve...
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