snapdeal
Food
Paytm may join forces with Alibaba to invest US $200 mn in BigBasket
Digital payments major Paytm may join forces with its investor Alibaba to pick up a minority stake in online grocery retailer BigBasket for about US $200 million, according to sources close to PTI.
According to a PTI report: The companies...
Fashion & Lifestyle
Growth of casual wear in India
Changing lifestyles, the comfort seeking middle class with high disposable income, and increasing urbanization has lead to casualization of both men and women’s wardrobes in India. As the segment continues to grow further, Amit Gugnani, Senior Vice President -...
Food
Patanjali ranks fourth in the most influential brand list
Yoga guru Ramdev promoted Patanjali Ayurved has been featured among the top 10 most influential brand in India.
Home grown Patanjali bagged the fourth position, Ipsos said in its report of most influential brands.
Interestingly, Patanjali made an impressive entry as...
Retail
Pre-GST sales war: Who performed better?
The Goods and Service Tax (GST) rollout from July 1, 2017 ushered in pre-GST sales as many retailers anticipated a higher tax rate under the new system. CashKaro.com, India’s largest cashback and coupons website, dug up some information to...
Food
India in top five Asian consumer markets: Report
India is among the top five consumer markets in Asia, offering retailers consumer spending growth of an average of 6.1Â per cent over the next five years, says a report.
According to BMI Research, a Fitch group company, China, Sri Lanka,...
Retail
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 sources close to PTI.
According to a PTI report: The new offer almost matches the initial asking price of $1 billion...
Retail
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 proposal of US $850 million was rejected by the Board of the smaller rival.
According to a PTI report: The new...
Retail
Printing MRP, other details mandatory for e-commerce companies from January 2018
To protect online consumers, the Government has made it mandatory for e-commerce companies from January 2018 to print not only the MRP on goods but also information like expiry date and customer care details.
According to a PTI report: An...
Retail
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 the US 1$50-200 million valuation gap.
According to sources privy to the development, Flipkart had initially offered US $1 billion for...
Retail
Snapdeal leads its sellers into the GST era
Snapdeal has announced its platform’s successful transition into the post GST world, culminating months of preparation overhauling all key systems impacted by the taxation system change. This included enhancements across the Snapdeal Seller Panel, taxation system, cataloging system, order...
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Latest News
Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore
The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...
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