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Snapdeal News

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.

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.

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.

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.

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."

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.

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

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.

Snapdeal Videos

Wanted to marry her, says Snapdeal employee kidnapper

Ghaziabad, Feb 15 (ANI): Devendra, the mastermind behind the abduction of Snapdeal employee, on Monday confessed to his crime and said he wanted to marry her and wanted to get settled in Kathmandu, Nepal. The accused said that he first saw her at New Delhi Rajiv Chowk metro station and fell in love with her. He added that he was inspired by Adolf Hitler and Shah Rukh Khan’s character in ‘Darr’ and had planned everything on similar lines.

Abducted Snapdeal employee returns home, no physical assault traced

Ghaziabad, Feb 12 (ANI): 24-year-old Snapdeal employee Dipti Sarna, who was allegedly kidnapped from Ghaziabad on Wednesday night, reunited with her family on Friday.Divulging the details, Ghaziabad Senior Superintendent of Police (SSP) Dharmendra Singh said four boys abducted the girl in an auto-rickshaw, and blindfolded her. He added that Dipti has not been subjected to any physical assault. Her father said Dipti called me at 7 a.m. from New Delhi Railway Station and told us that she was safe and asked them to pick up her from Vaishali metro station.

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