Snapdeal

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Snapdeal, IndiaMart issued notice for selling wildlife products on their platforms

During interrogation, the accused confessed that they sold these wild life related items through portals – Snapdeal, India Mart, Wish and Buy, and Craft Comparison. Initially, the accused defended themselves by claiming that the items are not related to wildlife.

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Snapdeal ends merger talks with Flipkart to ‘pursue independent path’

Sectoral analysts suggested that while it was imperative for Snapdeal to find a suitor to handle its financial troubles, but the deal did not make much sense for Flipkart except that it could have helped the Bengaluru-based e-commerce firm get backing from SoftBank.

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Snapdeal opposes Flipkart bid, founders keen on running smaller online marketplace: Report

The failure to forge a merger would be a setback to Softbank Group, the largest investor in Snapdeal, as it has been attempting to engineer an all-stock deal for months

Flipkart is said to make new offer of $950 million for Snapdeal

Flipkart and Snapdeal have been in merger talks since at least April as they debate the proper terms of a combination. One central issue has been that Snapdeal investors will see the value of the business cut by at least 85 percent from its peak of $7 billion.

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Snapdeal rejects Flipkart’s $800 million offer, negotiations to continue: Reports

According to reports, Snapdeal has rejected the $800-900 million dollar offer as the Board members were dissatisfied with the quoted price. Flipkart is expected to make a revised offer soon, reports say.

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SoftBank logs Rs 9,000 cr valuation loss from Ola, Snapdeal

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.”

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BEWARE: Snapdeal selling Fitbit wearables for a heavy discount, but they are fake

Though Fitbit devices are available only on Amazon, rival e-commerce portal Snapdeal claims to have genuine Fitbit products available for sale.

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Snapdeal board likely to discuss Flipkart merger today

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.

Netizens uninstall Snapdeal’s app instead of Snapchat

Many people uninstalled the mobile app of e-commerce platform ‘Snapdeal’ instead of social network app ‘Snapchat’ to mark their protest against unverified comments

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Battle of billionaires as Son set to clash with Bezos in India

SoftBank Group Corp.’s Masayoshi Son and Amazon.com Inc. founder Jeff Bezos are heading for a clash in India.

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Snapdeal founders move to calm employees amid takeover speculation

Snapdeal’s founders in an email to employees said the company will ensure there is no disruption to staff.

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Anti-fraud steps lead Snapdeal to savings of Rs 3 crore per month

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.

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SoftBank and Alibaba have Indian tangle to unpick

Snapdeal denies any sale talks but, ultimately, it looks to have the weakest hand in the country.

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Snapdeal in talks with rivals Flipkart, Paytm for potential sale: Report

Snapdeal reported a loss of 29.6 billion rupees in the financial year to March 31, 2016.

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Paytm offers jobs to former employees of Snapdeal, Stayzilla

With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla,