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SNAPDEAL RESULTS
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.- Snapdeal's CFO Anup Vikal puts in his papersVikal led the failed acquisition talks on behalf of the ecommerce marketplace with Flipkart and was reportedly in favour of the deal going ...
- 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 looks for Artificial Intelligence experts to tackle e-commerce challengesSome key issues that could be taken include ability to personalise search results to suit customer's requirements and minimisation of fraud...
- Sellers move courts against Snapdeal for non-payment of duesAt least two sellers have dragged Snapdeal’s owner Jasper Infotech to courts for non-payment of dues. Snapdeal founders are also party in t...
- Flipkart acquisition of Snapdeal collapses as latter decides to go ahead aloneET had reported that Snapdeal was likely to go forward as an independent entity, with a 2nd offer to merge with listed co Infibeam, also no...
- Not the end: Can unhappy shareholders bring Snapdeal-Flipkart deal back to life?The board is split in two, with one side agreeing to the deal and the other opposing. Opposing the deal include PremjiInvest, Ratan Tata an...
- When Kunal Bahl managed to find the funny side in the Snapdeal-Snapchat confusionRecent news reports about Snapchat founder Evan Spiegel’s comments resulted in many Indian users uninstalling Snapdeal by mistake.
- Anti-fraud steps lead to Rs 3 crore/month savings to Snapdeal"The initiatives have resulted in the company saving close to Rs 3 crore per month," Snapdeal said in a statement today.
- Snapdeal set to raise prices, seek higher margins from sellers“The net impact will set us back by 3-4 per cent on the selling price of the product,” said the manufacturer of an apparel brand sold on Sn...
- Snapdeal asks its sellers to rate it vis-à-vis other online retailersAccording to Nielsen’s study on ecommerce sellers for early 2016, Snapdeal ranked third, after Amazon and Flipkart, in terms of brand equit...
- Softbank cuts $555 million in India portfolio value due to Yen appreciationWhile Softbank mentioned Snapdeal and Ola specifically in the write off, it did not mention other India portfolio companies like hotel book...
- Snapdeal undertakes major brand overhaul; unveils new logoThe rebranding will see Snapdeal unveil a new logo, along with a new tagline, “Unbox Zindagi,” with its long-standing colour palette of red...
- How a Punjab engineering student compelled Snapdeal to sell him an iPhone for Rs 68Snapdeal has approached the apex consumer forum. The matter will be heard on May 3.
- Snapdeal to hike salaries by 20% for top performersThe increase, effective from April 1, will also include ESOPs for the top performers.
- Nearly 10,000 people register to buy home on Snapdeal Diwali festSnapdeal organised the online 'Diwali Home Buying Fest' during November 3-9, offering discounts on purchase of flats in over 200 projects a...
- Snapdeal to invest $100 million in its Bangalore based Multimedia Research LabSnapdeal.com, one of the flagbearers of the Indian e-commerce industry has launched findmystyle.in as a platform for product discovery in t...
- Unitech partners Snapdeal to sell plots in ChennaiWave group's realty arm Wave Infratech also said that its properties would be soon available for sale on Snapdeal and Housing.com.
- Snapdeal & SIDBI sign MoU to provide financial help to India’s MSMEsSnapdeal has signed a memorandum of understanding with SIDBI, which will see the state-owned financial institution join the e-commerce comp...
- How changing its business model helped Snapdeal turn aroundThe funding from Alibaba-backer Softbank has proved that Snapdeal is a strong contender to grab the top spot in India's hotly-contested onl...
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