snapdeal
Retail
SoftBank recognises $1.4 bn losses from Snapdeal, Ola in India in 2016-17
IANS -
Japanese conglomerate SoftBank Group Corp (SBG) on Wednesday recognised losses of $1.4 billion in 2016-17 from its India investments -- Snapdeal and Ola.
"SBG recorded loss from financial instruments of 160,419 million Japanese Yen ($1.4 billion) in its consolidated financial...
Retail
Softbank closer to bringing Nexus on board for Snapdeal sale
Japan's SoftBank is believed to have moved a step closer to securing the consent of co- investor Nexus Venture Partners (NVP) for selling Snapdeal to India's largest e-commerce firm Flipkart.
A meeting was held on Wednesday and the impasse over...
Fashion & Lifestyle
Gritstones ropes in Amit Sadh as their new brand face
With its inception for about 5 years now, Gritstones has been creating an ensemble in the world of men’s fashion. With customers support and positive acclamation, Gritstones have been touching heights with its abundance presence in the online shopping...
Retail
Snapdeal’s mobile app gets an upgrade; to offer a more personalized and enriching consumer experience
Snapdeal, India’s largest online marketplace, has added new features on their Android app. The revamp has been done to add more personalized content and product recommendations; making the consumer’s experience faster and more relevant, in line with their past...
Retail
No agreement on Snapdeal sale yet between SoftBank, Nexus
Japanese firm SoftBank could not manage a crucial nod from co-investor Nexus Venture Partners (NVP) for the sale of Snapdeal, possibly to Flipkart.
According to a PTI report: The board meeting of Snapdeal, where SoftBank and Nexus have representatives, did...
Retail
Snapdeal board meeting to discuss selling out to Flipkart
The board of Snapdeal is expected to meet on Tuesday to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.
Also, on the agenda will be getting Nexus Venture Partners (NVP), an early investor in...
Food
To take on rival Amazon, Flipkart to re-enter grocery segement
Locked in an intense battle with Amazon, homegrown e-commerce major Flipkart is looking at re-entering the grocery segment that accounts for a significant portion of India's retail industry.
"Yes we will get into grocery... 80 per cent of units bought...
Retail
Softbank reworking Snapdeal sale plan; final decsion in few weeks
Japanese investor SoftBank is believed to be re-working its plan for sale of e-commerce platform Snapdeal and a final decision is likely to be made in the next few weeks.
According to sources close to PTI, a consensus could not...
Retail
Snapdeal sounds out 5 merchant bankers for 2019 IPO
Struggling e-commerce major Snapdeal has sounded out five merchant bankers, including SBI Caps and Kotak Mahindra Capital, to work on a public offer that is likely to hit the market in the second half of 2019.
The third largest marketplace...
Food
FSSAI tells food sites to disclose manufacturing, expiry dates: Survey
IANS -
The Food Safety and Standards Authority of India has taken action on consumer requests and told e-commerce sites selling packaged food products to disclose manufacturing and expiry dates and has announced that imported food items with less than 60...
- Advertisement -
Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
- Advertisement -