On April 24, 2017 21:34 (IST)
Snapdeal was valued at $6.5 billion in its last funding round in February 2016. The valuation, however, has shrunk since then and the potential deal could be struck at a discounted rate.
On April 16, 2017 14:16 (IST)
An entrepreneur Gaurav Dua accused the Snapdeal CEO of stealing his idea of a "non-inventory holding marketplace model for retail."
On April 16, 2017 13:12 (IST)
Amazon is betting big on India, but homegrown rival Flipkart refuses to lag behind in the battle to dominate India's e-commerce market.
On April 12, 2017 18:36 (IST)
Snapdeal is also believed to be distributing nearly 1 per cent of its stock to about 150 employees.
On April 10, 2017 14:53 (IST)
SoftBank is closing in on an agreement to combine its e-commerce company Snapdeal with market leader Flipkart Online Services Pvt., creating a stronger domestic player to compete with the American behemoth, according to people familiar with the matter.
On April 10, 2017 13:48 (IST)
E-tailer Snapdeal has for weeks been at the centre of much takeover speculation, with its largest backer Japan's Softbank, seen as keen to sell the company to its larger rival, Tiger Global-backed Flipkart.
On April 09, 2017 21:08 (IST)
Snapdeal has for weeks been at the centre of much takeover speculation, with its largest backer Japan's Softbank, seen as keen to sell the company to its larger rival, Tiger Global-backed Flipkart.
On April 05, 2017 20:52 (IST)
Speculations are rife that the country's third-largest online shopping platform Snapdeal could be sold to larger rival and market leader Flipkart.
On April 04, 2017 22:29 (IST)
SoftBank has strengthened its position on the board of the country's third largest online marketplace by appointing Lydia Bly Jett as additional director.
On April 04, 2017 20:02 (IST)
The company, which last year lost its second place in India's fiercely competitive online retail market to Amazon.com Inc, aims to become profitable in two years but faces falling cash reserves.
On April 04, 2017 10:58 (IST)
Like most e-commerce players in India, Snapdeal is burning cash to sustain discounts - and keep customers - in a cut-throat online market.
On March 27, 2017 20:19 (IST)
Snapdeal said that range of initiatives launched at curbing fraudulent online transactions using analytics are accruing massive cost savings for the company.
On March 23, 2017 18:01 (IST)
"Snapdeal has been desperately looking to raise money in China for the last few months," said a source with direct knowledge of Snapdeal's plans.
On March 23, 2017 16:28 (IST)
The 6-inch device is powered by octa-core processor backed by 4GB, 64GB internal memory and runs on ColorOS 3.0.
On March 22, 2017 17:23 (IST)
The letter estimated that in any given month, Snapdeal holds Rs 300-400 crore in the form of outstanding dues and goods in transit or refunds.
On March 22, 2017 11:41 (IST)
A spokeswoman for e-commerce marketplace Snapdeal said the company "categorically denies having had any such discussion".
On March 20, 2017 18:12 (IST)
Kabir has for many years been closely involved in managing Softbank's investment in Alibaba in China, the source said.
On March 20, 2017 14:47 (IST)
Jason Kothari was CEO of Softbank-backed online real estate company Housing.com and character-based entertainment company Valiant Entertainment.