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SNAPDEAL REVENUE
Snapdeal's FY23 consolidated loss narrows to Rs 282 croreThe company's loss-reduction measures also led to revenue decreasing to Rs 388 crore in FY23 from Rs 564 crore in FY22.- With eye on Bharat, Snapdeal says it’s close to profitabilityWith e-commerce expected to grow significantly going ahead, Snapdeal ensures to focus on budget-conscious shoppers who seek both value and ...
- Snapdeal ops revenue up 14%, losses rise 4xThe muted revenue growth comes amid a delay in its plan for a public market listing due to a global tech stock rout over macroeconomic head...
- Snapdeal clocks Rs 846.4 crore revenue in FY20The 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.
- Snapdeal in talks for $100m at valuation of $800m-1.2bnThe new round is expected to benchmark a new valuation for Snapdeal besides testing if its founders can win investor trust for the business...
- Snapdeal ramps up its legal department: Poaches from Johnson & Johnson and FlipkartThe SoftBank backed Snapdeal has hired Prankur Chaturvedi, legal counsel at Johnson & Johnson to head its contract and compliance departmen...
- Anand Piramal invests in a resurgent SnapdealSnapdeal's 2.0 strategy has allowed it to rapidly build a differentiated business, with a sharp focus on value-priced merchandise – the lar...
- Snapdeal's revenue grows 73%, losses drop by 71% in FY19In the last two years, Snapdeal has sharpened its focus on the needs of the value-conscious buyers in India.
- Financial documents highlight several trends in e-commerce companiesThe financial documents of the major ecommerce companies for fiscal year ending March 2017 showed several telling trends about how the comp...
- Snapdeal arm Vulcan to offer services to external clientsVulcan is targeting several top businesses to offer GST-compliant logistics as it begins to serve companies in the B2B and B2C space from n...
- Snapdeal to cut costs, opts for co-working hubsStartups has picked up an entire floor in co-working space provider Awfis Space Solution’s hub in Andheri (west) that has a total capacity ...
- Snapdeal sees all the deals are in services nowSnapdeal, which is aiming to build much higher user engagement with services, had been over the last few months piloting integration of ser...
- Snapdeal looking to monetise its zero-commission marketplace ShopoOnline marketplace Snapdeal is looking to monetise its zero-commission marketplace Shopo, which is targeted at small sellers and home-prene...
- Snapdeal relaunches Shopo as mobile app-focused platform; targets micro and small businesses and artisansShopo, according to Komaravelly, will operate as a zero commission marketplace, & Snapdeal will also not be charging potential sellers regi...
- Snapdeal looks to double its IT team by year endE-commerce major Snapdeal.com is clearly getting aggressive on its technology expansion. The online marketplace is looking to double the he...
- Snapdeal to invest heavily in technology to reach its target of $1 billion by 2015The fact that their tech team comprises 1/5th of their overall workforce in India is some testimony to that statement.
- E-commerce companies raising debt amid high operating costs, regulatory concernsCash-strapped e-commerce companies turn to debt as equity investors keep away from troubled e-commerce sector.
- General Atlantic in talks to acquire stake in SnapdealSnapdeal close to sealing a deal to raise Rs 440-550 cr, in the process potentially snagging private equity investor General Atlantic Partn...
- Snapdeal targets Rs 600 crore revenue in FY'13Buoyed by the growing popularity of online shopping portals in India, Snapdeal.com expects to garner revenues of about Rs 600 crore in the ...
- Snapdeal: India's Groupon rises fast and furiouslySince January this year, Snapdeal has been growing its revenues at over 100%, selling unused inventories of everything from sunglasses, wal...
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