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Snapdeal

Snapdeal expands value lifestyle portfolio; onboards multiple brands

Snapdeal expands value lifestyle portfolio; onboards multiple brands

Mon, Feb 26, 2024

Snapdeal said that it's new fashion lineup features brands like Jockey, Rosaline by Zivame, Varanga, House of Ramraj Cotton, John Players, Clovia, Red Tape, Janasya, Aurelia, Nauti Natti and the newly introduced Ketch

Snapdeal logs Rs 388 crore revenue in FY23, reduces losses by 45%

Snapdeal logs Rs 388 crore revenue in FY23, reduces losses by 45%

Sat, Dec 30, 2023

Snapdeal's consolidated revenue declined 31 per cent to Rs 388 crore during FY23 from Rs 563 crore in FY22.“In the ongoing October-December quarter, we are profitable on a consolidated basis,” the company said.

Govt issues notices to Amazon, Flipkart, Snapdeal for selling toys without BIS quality mark

Govt issues notices to Amazon, Flipkart, Snapdeal for selling toys without BIS quality mark

Thu, Jan 12, 2023

The consumer protection regulator has issued notices to e-commerce platforms Amazon, Flipkart and Snapdeal for allegedly selling toys without BIS quality mark.

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Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank

Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank

Wed, Jan 25, 2017

Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.

Snapdeal's losses widen 125% in FY16; falls to third spot

Snapdeal's losses widen 125% in FY16; falls to third spot

Wed, Jan 18, 2017

"In FY16, we invested our capital in building our capabilities across technology, logistics and seller ecosystem to support the long term growth of our business," a Snapdeal spokesperson was quoted in the report as saying.

Snapdeal offers cashback, protection plans on Google Pixel

Snapdeal offers cashback, protection plans on Google Pixel

Mon, Jan 16, 2017

Online marketplace Snapdeal on Monday partnered with Google Pixel, the first Google smartphone, as their online retail partner, offering cashback and mobile protection plans.

Housing.com’s ex-CEO Jason Kothari to now join Snapdeal

Housing.com’s ex-CEO Jason Kothari to now join Snapdeal

Wed, Jan 11, 2017

Snapdeal on Wednesday announced the appointment of Housing.com’s ex-CEO Jason Kothari as its Chief Strategy & Investment Officer.

UIMI Technologies launches new U8 power bank for Rs 999

UIMI Technologies launches new U8 power bank for Rs 999

Mon, Jan 09, 2017

Homegrown global brand of power bank UIMI Technologies on Monday launched a new made in India 'UIMI U8' power bank priced at Rs 999. UIMI U8 power bank comes with battery capacity of 15,600 mAh and can charge users device for four to five times, cited the company in a press release.

Snapdeal announces two-day ''Welcome 2017'' sale

Snapdeal announces two-day ''Welcome 2017'' sale

Sat, Jan 07, 2017

Users can purchase Redmi Note 3 at Rs 11,999, Samsung J2 Pro (16GB) at Rs 9,490, iPhone 5s (16GB) at Rs 17,499, iPhone 7 (32GB) at Rs 52,999 and iPhone 6s (32GB) at Rs 43,999.

eBay India losses for FY16 at Rs 262 crore

eBay India losses for FY16 at Rs 262 crore

Tue, Dec 27, 2016

E-commerce company eBay posted revenue of Rs 392 crore for the fiscal 2015-16, according to its annual filing to the Registrar of Companies; however, its losses also increased to Rs 262 crore in FY16 from Rs 172 crore a year ago, a report by ET said on Tuesday.

Here are 4 ways to get cash without standing in ATM, bank queues

Here are 4 ways to get cash without standing in ATM, bank queues

Fri, Dec 23, 2016

With the existing cash crunch after demonetisation blues hit Indian markets, retailers and e-commerce platforms found a way around the mess.

FreeCharge to offer e-wallet protection

FreeCharge to offer e-wallet protection

Tue, Dec 20, 2016

Digital payments company Freecharge today said it will provide free insurance on wallet balance of up to Rs 20,000 on their e-wallets to users in case of loss or theft of mobile phones.

LeEco's partners with Snapdeal for Le 2 sales

LeEco's partners with Snapdeal for Le 2 sales

Wed, Dec 14, 2016

The company has now partnered with Snapdeal for the sales of its Le 2 smartphone from December 15.

Flipkart beats Amazon in Indian e-tailing leadership index on higher brand trust

Mon, Nov 28, 2016

While Flipkart scored 23 in terms of brand trust, Amazon scored a 21.

SoftBank writes down India investment by $560 million

SoftBank writes down India investment by $560 million

Tue, Nov 08, 2016

Japan's SoftBank Corporation has booked an investment loss of 58.14 billion yen ($560 million or nearly Rs 3,725.54 crore) on its investments in India including cab-hailing firm Ola and e-commerce company Snapdeal.

Delhi Smog: Air purifiers, masks flying off digital shelves

Delhi Smog: Air purifiers, masks flying off digital shelves

Tue, Nov 08, 2016

Customers are thronging e-commerce platforms such as Snapdeal, Flipkart and Amazon to buy air purifiers and masks to protect themselves from the health-threatening thick cloud of smog that has been enshrouding Delhi since Diwali.

LeEco touches Rs 350 crore during festive sales

LeEco touches Rs 350 crore during festive sales

Sat, Nov 05, 2016

"During the festive season, it was our endeavour to offer a great value proposition to our customers which will enable them in experiencing our products and we are truly humbled by the response that we have received," said Atul Jain, COO, Smart Electronics Business, LeEco India, in a statement.

There is a limit to how much start-ups should spend, says Sequoia's Abhay Pandey

There is a limit to how much start-ups should spend, says Sequoia's Abhay Pandey

Wed, Oct 26, 2016

Abhay Pandey of Sequoia Capital points out that some start-ups have picked up bad habits like offering deep discounts for acquiring customers to spending lavishly on things that do very little to grow their businesses. This, he says, is what start-ups in India have not got right.

Amazon gets ahead of Flipkart, Snapdeal in festive sales

Amazon gets ahead of Flipkart, Snapdeal in festive sales

Wed, Oct 19, 2016

The average daily visits for Amazon during the festive sales period was 12.8 million, with visitors spending an average 9.4 minutes on the site.

Paytm records nearly 4 million transactions on 1st day of 'Maha Bazaar Sale'

Paytm records nearly 4 million transactions on 1st day of 'Maha Bazaar Sale'

Thu, Oct 13, 2016

India's mobile payments and e-commerce company Paytm has recorded over 3.5 million transactions on the first day of its ongoing 'Maha Bazaar Sale' on Wednesday.

Snapdeal clocks 40% sale via tie-up with SBI cards on 1st day of 'Unbox Diwali Sale'

Snapdeal clocks 40% sale via tie-up with SBI cards on 1st day of 'Unbox Diwali Sale'

Thu, Oct 13, 2016

Snapdeal has clocked 40% sale by value through its tie-up with SBI cards on the first day of its second season of 'Unbox Diwali Sale' which started on Wednesday.

UIMI Technologies introduces 'UIMI U3' solar chargeable power bank at Rs 799

UIMI Technologies introduces 'UIMI U3' solar chargeable power bank at Rs 799

Thu, Oct 13, 2016

UIMI Technologies launched its first 'Make in India' solar chargeable power bank 'UIMI U3' priced at Rs 799 in New Delhi on Wednesday. UIMI Technologies is a power bank brand of Bingo Technologies, established in 2014 and is headquartered in New Delhi.

Mergers and acquisitions take centre-stage as funding for start-ups dries up

Mergers and acquisitions take centre-stage as funding for start-ups dries up

Wed, Oct 12, 2016

Funding (disclosed) to start-ups in September has declined by 127% on a month-on-month basis and 82% on an year-on-year basis in September alone.

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