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Snapdeal to cut down 80 per cent of its employee strength

Snapdeal to cut down 80 per cent of its employee strength

E-commerce major Snapdeal on Monday revealed that it is facilitating a major layoff in the company, with an agenda...
Flipkart expected to offer US $900-950 million for Snapdeal

Flipkart expected to offer US $900-950 million for Snapdeal

E-commerce major Flipkart is expected to make a revised offer of $900-950 million for buying rival Snapdeal, according to...
Flipkart expected to make revised offer for Snapdeal

Flipkart expected to make revised offer for Snapdeal

Flipkart is expected to make a revised offer in the next few days for buying Snapdeal, after its first...
Flipkart-Snapdeal negotiations still on but for higher offer

Flipkart-Snapdeal negotiations still on but for higher offer

After Snapdeal's board reportedly rejected Flipkart's US $850 million takeover offer, the two parties are now holding parleys over...
Snapdeal raises over Rs 113 cr from Nexus Venture Partners, founders

Snapdeal raises over Rs 113 cr from Nexus Venture Partners, founders

Snapdeal has raised over Rs 113 crore from early investor Nexus Venture Partners and founders Kunal Bahl and Rohit...
Snapdeal board meeting: SoftBank, Nexus did not reach an agreement on the sale

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...
SoftBank recognises $1.4 bn losses from India investments in 2016-17

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...
Retrenchment in e-commerce industry not unique to India: Nirmala

Retrenchment in e-commerce industry not unique to India: Nirmala

Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not...
Snapdeal founders to take 100 pc pay cut, firm commences layoffs

Snapdeal founders to take 100 pc pay cut, firm commences layoffs

E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut,...
Snapdeal changes biz model again; forays into online services

Snapdeal changes biz model again; forays into online services

Snapdeal has announced its entry into online services segment like flight and bus ticket bookings, hotel reservations and food...