Snapdeal

Timelines
#Lockdown: MHA changes rules again, only essentials to be delivered

19 Apr 2020

#Lockdown: MHA changes rules again, only essentials to be delivered

The Ministry of Home Affairs on Sunday introduced changes in guidelines for the operations of e-commerce websites during the lockdown.

Alibaba launches Yoli, a 'social-commerce' app to bag online deals

24 Jan 2020

Alibaba launches Yoli, a 'social-commerce' app to bag online deals

In a bid to expand its footprint in India, Chinese giant Alibaba has launched a new social commerce app called Yoli.

OPPO launches A5s, with amazing battery life, at Rs. 10,000

23 Apr 2019

OPPO launches A5s, with amazing battery life, at Rs. 10,000

Chinese tech giant OPPO has launched its budget-friendly smartphone, the OPPO A5s, in India at Rs. 9,990.

5 apps for students to make money while in college

10 Mar 2019

5 apps for students to make money while in college

Are you a college student looking to make some quick money to cover your expenses?

#FinancialBytes: 5 mobile apps to make easy pocket money

03 Feb 2019

#FinancialBytes: 5 mobile apps to make easy pocket money

Smartphones and mobile apps have become an integral part of our lives; today, there is an app for almost everything we want to do.

5 apps for students to make money while in college

03 Feb 2019

5 apps for students to make money while in college

Are you a college student looking to make some quick money to cover your expenses?

5 apps for students to make money while in college

16 Dec 2018

5 apps for students to make money while in college

Are you a college student looking to make some quick money to cover your expenses?

Google Shopping: What it means for consumers and merchants

15 Dec 2018

Google Shopping: What it means for consumers and merchants

Aimed at simplifying online shopping, Google recently introduced its latest 'Shopping' feature in India.

Soon, we might see Google's dedicated shopping tab in India

15 Oct 2018

Soon, we might see Google's dedicated shopping tab in India

Google could soon introduce a dedicated 'shopping tab' for India.

#TechBytes: Top 5 websites to buy refurbished products

29 Aug 2018

#TechBytes: Top 5 websites to buy refurbished products

Refurbished products consist of all those goods returned by a customer to a manufacturer or a vendor due to minute wear-and-tear, or due to the product being outdated, or unsold in the market.

Sellers drag Snapdeal to courts over non-payment of dues

26 May 2018

Sellers drag Snapdeal to courts over non-payment of dues

According to reports, Gurugram-based e-commerce company Snapdeal has been dragged to courts by two of its sellers, Veepee Electronics and Spacewood Furnishers, over alleged non-payment of dues.

GoJavas sends Rs. 300cr legal notice to Snapdeal

07 Oct 2017

GoJavas sends Rs. 300cr legal notice to Snapdeal

Quickdel Logistics, the parent of GoJavas, has sent a Rs. 300cr legal notice to Snapdeal founders Kunal Bahl and Rohit Bansal and Jasper Infotech, the entity than runs Snapdeal.

Paytm Mall's festival marketing budget is a whopping Rs. 1000cr

04 Sep 2017

Paytm Mall's festival marketing budget is a whopping Rs. 1000cr

This festival season, India will witness one of the biggest e-commerce wars. Reports show that Paytm Mall's budget, for cash back, marketing, and promotions for September-October, is a whopping amount of Rs. 1,000 crore.

Snapdeal's 3-day sale offers discounts of up to 70%

01 Sep 2017

Snapdeal's 3-day sale offers discounts of up to 70%

Indian e-commerce firm Snapdeal today announced a three-day long sale offering "double digit" discounts on consumer favourite categories like electronics, fashion, and home.

Snapdeal 2.0, the story of not giving in to pressure

01 Aug 2017

Snapdeal 2.0, the story of not giving in to pressure

Snapdeal is ready to bend but it's not ready to snap. There will be no sale.

FreeCharge staff gets retention bonus, Snapdeal 2.0 begins

31 Jul 2017

FreeCharge staff gets retention bonus, Snapdeal 2.0 begins

Post announcement last week that FreeCharge will now be sold to private sector lender Axis Bank for Rs. 385 crore, employees are now being given six-month retention bonus to ensure that the integration takes place without any hiccups.

Snapdeal calls off merger talks with Flipkart

31 Jul 2017

Snapdeal calls off merger talks with Flipkart

Six months after intense negotiations, Snapdeal has called-off talks with Flipkart regarding a potential merger.

Axis Bank acquires FreeCharge for Rs. 385crore in cash deal

27 Jul 2017

Axis Bank acquires FreeCharge for Rs. 385crore in cash deal

Axis Bank reported that they have acquired FreeCharge, owned by ecommerce platform Snapdeal, for Rs. 385 crore in an all-cash deal.

Report: Snapdeal board accepts $900-950 million revised offer from Flipkart

26 Jul 2017

Report: Snapdeal board accepts $900-950 million revised offer from Flipkart

After months of suspense and speculations, the future of Snapdeal has finally been decided. According to Reuters, the Snapdeal board has accepted the revised offer of $900-950 million by Flipkart.

Flipkart makes offer of $850 million for Snapdeal, plot thickens!

18 Jul 2017

Flipkart makes offer of $850 million for Snapdeal, plot thickens!

Post rejection of its earlier bid of $500-600 million, Flipkart has now made its second bid for e-commerce firm Snapdeal at $850-900 million, according to reports.

Snapdeal says no to Flipkart's offer, haggles over valuation

05 Jul 2017

Snapdeal says no to Flipkart's offer, haggles over valuation

Indian television serials are infamous for stretching out episodes. However, they'll still come second to the drama that is being played out at Snapdeal.

Snapdeal files FIR against former GoJavas' promoters

24 Jun 2017

Snapdeal files FIR against former GoJavas' promoters

Snapdeal's parent company, Jasper Infotech, has registered a First Information Report (FIR) with the Economic Offences Wing of the Delhi Police against former senior executives of Quickdel Logistics which owns e-commerce logistics company GoJavas.

Snapdeal-Flipkart merger comes to a halt as Azim Premji objects

23 Jun 2017

Snapdeal-Flipkart merger comes to a halt as Azim Premji objects

According to reports, Snapdeal's merger with rival Flipkart has hit one more roadblock, which can potentially drive down the embattled firm's agreed upon valuation of $1 billion for the sale, if not jeopardize the deal completely.

MakeMyTrip trolled for co-founder's tweet on beef

01 Jun 2017

MakeMyTrip trolled for co-founder's tweet on beef

MakeMyTrip has come under attack after a co-founder protested the Centre's laws on cattle slaughter.

Snapdeal's future gets messier with unexpected funding, issuance of shares

30 May 2017

Snapdeal's future gets messier with unexpected funding, issuance of shares

Just when you thought the Snapdeal saga was at its very end, there is a new twist in the tale.

Snapdeal founders and Nexus agree, Flipkart to buy Snapdeal

11 May 2017

Snapdeal founders and Nexus agree, Flipkart to buy Snapdeal

According to ET Now, Nexus and the founders of Indian online marketplace Snapdeal have reached an agreement with SoftBank Group over the much anticipated sale of Snapdeal to its larger Indian rival Flipkart.

SoftBank writes down investments in Ola, Snapdeal by $1.41 billion

10 May 2017

SoftBank writes down investments in Ola, Snapdeal by $1.41 billion

Japanese investor SoftBank said it wrote down its investment valuation in Snapdeal and Ola by $1.41 billion. It has written down investments in Snapdeal by $1.01 billion and $400 million in Ola.

Snapdeal initiates payments of laid-off employees

03 May 2017

Snapdeal initiates payments of laid-off employees

Two months after layoffs at Snapdeal, the company has begun initiating due payments of the 1,000-1,500 affected employees; severance packages reportedly range between 2-4 months of salaries.

Flipkart's acquisition brings along mixed fortunes for Indian e-commerce space

03 May 2017

Flipkart's acquisition brings along mixed fortunes for Indian e-commerce space

Consolidation in e-commerce might bode well for giants but now things get divided into a series of pros and cons for the consumers when the options start to thin out.

Amazon will not slow its investment pace in India

29 Apr 2017

Amazon will not slow its investment pace in India

A $481m loss might deter others, but to Amazon CEO Jeff Bezos it is just another hurdle Amazon has to overcome in order to finally triumph.

Flipkart outpaces Amazon in volume of sales

27 Apr 2017

Flipkart outpaces Amazon in volume of sales

Flipkart is defeating Amazon in terms of value of goods sold, even as the American company continues to sell as many items as the Indian retailer.

Cash-strapped Snapdeal vacates 60% of Gurgaon office space

25 Apr 2017

Cash-strapped Snapdeal vacates 60% of Gurgaon office space

In yet another sign of a severe cash-crunch, Snapdeal is vacating 60% of its Gurgaon office-space after mass layoffs in February.

SoftBank's tryst with India's start-up scenario

20 Apr 2017

SoftBank's tryst with India's start-up scenario

SoftBank may have tasted failure with Snapdeal but it still believes in making a profit with its Indian investments.

Snapdeal gets two fatal blows among acquisition talks

16 Apr 2017

Snapdeal gets two fatal blows among acquisition talks

Amidst acquisition talks, Snapdeal gets hit with two more devastating incidents that could potentially cripple the already faltering home-grown e-commerce giant.

'Team's well-being top priority': Struggling Snapdeal assures employees

10 Apr 2017

'Team's well-being top priority': Struggling Snapdeal assures employees

In the third placatory communication to employees in two months, Snapdeal founders Kunal Bahl and Rohit Bansal said their well-being is "top priority".

Flipkart's mergers if okayed, starts the proper e-commerce war

06 Apr 2017

Flipkart's mergers if okayed, starts the proper e-commerce war

The market is currently ripe with rumours regarding two major Flipkart mergers - one with eBay and another with Snapdeal.

Investors clear decks for Snapdeal sale

05 Apr 2017

Investors clear decks for Snapdeal sale

SoftBank Group Corp, Kalaari Capital and Nexus Venture Partners, who invested in Snapdeal are preparing to sell the company to one of its competitors- either Flipkart or Paytm.

Will Indian e-commerce giants show profit anytime soon?

23 Mar 2017

Will Indian e-commerce giants show profit anytime soon?

Currently, there are three major players in the Indian ecommerce space - Flipkart, Paytm and Snapdeal.

Snapdeal fires 600 employees, founders take a 100% paycut

22 Feb 2017

Snapdeal fires 600 employees, founders take a 100% paycut

According to reports, Indian e-commerce firm Snapdeal is letting go 600 of its employees in order to cut back on spending.

Flipkart sales exceeded Amazon's in December, January

16 Feb 2017

Flipkart sales exceeded Amazon's in December, January

In December 2016 and January 2017, Flipkart Internet Pvt. Ltd's gross sales were more than Rs. 2,600 crore.