snapdeal

Chinese e-commerce major Alibaba Group Holding Ltd, along with investment firm SAIF Partners, are set to invest US $200 million in Paytm’s online marketplace unit. Alibaba Singapore E-Commerce Pvt. Ltd will invest US $177 million in Paytm E-Commerce Pvt. Ltd—a...

Snapdeal, India’s largest online marketplace, has announced the launch of GST Guru, a program which will include a range of initiatives to help prepare the sellers on its platform for the impending GST reforms, expected to roll out this...

Hundreds of employees are being handed the pink slip by beleaguered companies like Snapdeal and Stayzilla after these firms went into cost cutting mode. Snapdeal last week went into crisis mode after talks for a bridge round of funding with...

With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla, Paytm is walking into the ring by offering generous job offers to laid-off staffers. Founder and CEO, Paytm, Vijay Shekhar Sharma tweeted: “Hello, Tech/Product...

Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally. The minister's comments came a day after major layoffs were announced by...

E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...

SoftBank-backed Snapdeal will lay off around 600 people across its e-commerce, logistics and payments operations over the next few days. According to sources close to PTI, the company started the process last week and will lay off 500-600 people across...

Freecharge CEO Govind Rajan has resigned within a year of taking charge at the Snapdeal subsidiary. Going forward Jason Kothari will oversee the business operations of FreeCharge as part of his overall responsibilities of portfolio management as the Chief Strategy...

Snapdeal, India’s largest online marketplace, has shared annual sales trends for its general merchandize category, for the period January 2016-2017. The company has reported a 50 per cent overall increase in the sale of GM products, with the maximum...

Snapdeal's kids fashion category has witnessed an unprecedented 3X surge. This finding has come out from their annual digital buying trends for kids segment that the company announced today. Realising growth potential in this segment, the company said, they are...