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Snapdeal
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Snapdeal: A Dominant Player in India's Value E-commerce Market Founded in February 2010 by Kunal Bahl and Rohit Bansal, Snapdeal has established itself as a leading e-commerce platform in India, consistently ranking among the top five online marketplaces. Operating from New Delhi, the company caters...
Snapdeal history
Last Updated : 01/03/25, 02:10 PM
Snapdeal's Journey: From Daily Deals to Value E-commerce Leader Launched in February 2010 as a daily deals platform, Snapdeal transitioned to an online marketplace in October 2011. A proposed merger with Flipkart in 2016 failed due to valuation disagreements, prompting a strategic pivot - Snapdeal 2...
SNAPDEAL NEWS
Lockdown and Indian hankering for 'non-essentials' — pyjama set, roti maker, ludo and what not
April 21, 2020 7:10 pm
Four days after allowing e-commerce firms to also deliver non-essential items such as electronic goods and readymade garments, the government on April 19 said sale of non-essential items will continue to be prohibited during the lockdown period which last week got extended till May 3.
No delivery too far: New tech, locals help online retailers reach remote areas
October 14, 2019 9:44 am
While small products such as mobile phones and fashion goods dominated the orders from smaller towns, online retailers have also ramped up their logistics to deliver larger items like furniture and white goods to difficult-to-reach terrains.
Snapdeal, IndiaMart issued notice for selling wildlife products on their platforms
August 13, 2017 6:46 pm
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’
August 01, 2017 8:00 am
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
July 31, 2017 2:24 pm
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
July 18, 2017 5:08 pm
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
July 05, 2017 10:58 am
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
May 10, 2017 10:19 pm
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
May 04, 2017 6:30 pm
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
May 02, 2017 4:33 pm
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.
