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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...

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...

FSSAI tells food sites to disclose manufacturing, expiry dates: Survey

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...

Snapdeal dispels sale rumors, says not in talks with Flipkart, Paytm

An eminent daily reported on Wednesday that struggling e-commerce firm Snapdeal, which has over the past year more than halved its employee strength, is reportedly in talks with Flipkart and Paytm for potential sale. However, the company has firmly denied this,...

FreeCharge promotes Ankit Khanna to Chief Operating Officer

FreeCharge, India’s leading digital payments platform has announced the promotion of Ankit Khanna to Chief Operating Officer of the company. As a part of his expanded role, Khanna will be managing Product, User Growth, User Experience and Business Development...

E-commerce firms to pay up to 1 per cent TCS under GST

E-commerce firms like Snapdeal and Amazon will have to mandatorily deduct up to 1 per cent tax collected at source (TCS) while making payments to their suppliers under the goods and services tax (GST) regime which is expected to...

Snapdeal appoints Jason Kothari as CEO of FreeCharge; commits US $20 million investment

Snapdeal, one of India’s largest e-commerce companies, has announced the appointment of Jason Kothari as the Chief Executive Officer of FreeCharge and a commitment to invest an additional US $20 million in the company. FreeCharge takes pride in being the...

Snapdeal partners with JETRO to bring Japanese products to India

Snapdeal, one of India’s largest online marketplaces has partnered with Japan External Trade Organization (JETRO) for an exclusive partnership to showcase products from popular SME brands from Japan on its platform. Customers can now purchase JETRO products across various categories...

Snapdeal ad platform helps drive revenues for 10,000 plus sellers

Snapdeal, India’s largest online marketplace, has shared interesting data on its self-service seller ads platform, launched 9 months ago. During this time, over 10,000 sellers, 200 brands and agencies have used the ads solution and this number continues to...

Data analytics help Snapdeal sellers stock what sells

Snapdeal has shared the success of their seller initiative 'Grow My Business', helping sellers across categories to grow their assortment both qualitatively and quantitatively. According to a ANI report: Driven by the initiative, Snapdeal assortment size has grown by 25...
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