snapdeal
Retail
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...
Retail
Snapdeal reduces payment time to sellers by 40 per cent
Snapdeal has announced a major benefit for its sellers by reducing its seller payment cycle by 40 per cent, thereby becoming the e-commerce platform that offers the fastest payment schedule in the country.
Snapdeal’s announcement is a welcome move for...
Retail
Snapdeal’s Vulcan Express to offer GST compliant logistics network
Snapdeal’s fully owned subsidiary Vulcan Express is all set to expand and start serving new clients in both the B2B and B2C space from next month onwards. This will be in addition to its core business which come from...
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Are mergers the roadmap to success for the e-commerce industry?
Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions (M&A) in the startup industry - a supposition that was corroborated with the merger of Goibibo with MakeMyTrip. Indeed, the corporate appetite for M&AÂ has...
Retail
Alibaba, SAIF Partners to invest US $200 in Paytm's online marketplace unit
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...
Retail
Snapdeal launches GST Guru initiative to train sellers on GST roll out
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...
Retail
The Snapdeal Crisis: Are the current layoffs an opportunity in disguise?
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...
Retail
Paytm offers jobs to Snapdeal, Stayzilla ex-staffers
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...
Retail
Retrenchment in e-commerce industry not unique to India: Nirmala
IANS -
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...
Retail
Snapdeal founders to take 100 pc pay cut, firm commences layoffs
IANS -
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...
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Reliance net profit falls 5% in Q1 on weak O2C business
The consolidated net profit of Rs 15,138 crore, or Rs 22.37 per share, in April-June was compared to Rs...
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