SoftBank said in its earnings statement, “Highly competitive e-commerce market in India has made a trend of the company’s business performance lower than initially anticipated.”
Though Fitbit devices are available only on Amazon, rival e-commerce portal Snapdeal claims to have genuine Fitbit products available for sale.
The board of Snapdeal is expected to meet today to discuss the potential sale of India’s third largest e-commerce firm to larger rival Flipkart.
Many people uninstalled the mobile app of e-commerce platform ‘Snapdeal’ instead of social network app ‘Snapchat’ to mark their protest against unverified comments
SoftBank Group Corp.’s Masayoshi Son and Amazon.com Inc. founder Jeff Bezos are heading for a clash in India.
Snapdeal’s founders in an email to employees said the company will ensure there is no disruption to staff.
E-commerce firm Snapdeal today said various anti-fraud measures taken by it have resulted in savings of Rs 3 crore per month for the online platform.
Snapdeal denies any sale talks but, ultimately, it looks to have the weakest hand in the country.
Snapdeal reported a loss of 29.6 billion rupees in the financial year to March 31, 2016.
With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla,
SoftBank-backed Snapdeal will lay off around 600 people across its e-commerce, logistics and payments operations over the next few days.
LeEco has announced its ‘Republic Day Sale’ on Snapdeal, which be held from January 21 to January 23.
Here are the top deals on mobiles and other devices during Snapdeal’s Unbox India sale, upto 70% off on consumer electronics
LeEco Le 2 comes with a Type C port which also acts an audio port integrated with its CDLA technology.
Snapdeal beings 2017 with its first ‘Welcome 2017’ sale running between January 8-9, offering up to 70% of discounts in electronics