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Snapdeal trims losses to Rs 613 cr for FY18, exudes confidence on hitting profits

Snapdeal trims losses to Rs 613 cr for FY18, exudes confidence on hitting profits

Wed, Nov 07, 2018

 E-commerce firm Snapdeal has narrowed its consolidated losses substantially to Rs 613 crore for FY2017-18, as per regulatory documents.

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Flipkart or Amazon? Dhamaka revelation! This firm won the festive sales war

Flipkart or Amazon? Dhamaka revelation! This firm won the festive sales war

Fri, Oct 19, 2018

Amazon and Flipkart has just concluded their almost a week-long festival sales. Both claims to have bagged the largest market share. 

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These shoppers thronged Amazon, Flipkart, Snapdeal sites for festive offers the most

These shoppers thronged Amazon, Flipkart, Snapdeal sites for festive offers the most

Sun, Oct 14, 2018

E-commerce companies like Amazon, Flipkart, Snapdeal and others have had a stellar festive season so far and have  clocked  billions of dollars worth of sale, as shoppers thronged to cash in on the attractive offers available on these platforms. 

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Snapdeal increases authorised capital to Rs 15 cr

Snapdeal increases authorised capital to Rs 15 cr

Tue, Aug 21, 2018

Co-founded by Kunal Bahl and Rohit Bansal in 2010, the Gurgaon-based e-commerce player is an online platform to shop for a range of products spanning electronics, mobile, clothes, shoes, home and kitchen appliances and personal care.

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How Flipkart, Amazon home, cash on delivery options knocked out this business

How Flipkart, Amazon home, cash on delivery options knocked out this business

Tue, Apr 24, 2018

Discounted online sales of products of direct sellers without their consent on platforms like Flipkart, Amazon, SnapDeal and Shopclues is making significant dents on their business, according to India Direct Selling Association (IDSA).   

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Lava Android Oreo Go Z50 priced at an effective rate of Rs 2,400; available on Flipkart, Amazon

Lava Android Oreo Go Z50 priced at an effective rate of Rs 2,400; available on Flipkart, Amazon

Fri, Mar 23, 2018

Google had, in December last year, unveiled the Android Oreo Go edition for smartphones with 1GB RAM or less. These low-cost smartphones, which come with a new range of apps designed to run faster while using less data, are expected to play an important role in further expanding internet adoption.

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Snapdeal's Deal Mela sales begin; HDFC, Axis banks give 10% instant discount

Snapdeal's Deal Mela sales begin; HDFC, Axis banks give 10% instant discount

Fri, Feb 23, 2018

HDFC Bank and Axis Bank both are giving 10% instant discount on different smartphones, if a customer makes payment via their debit or credit cards.

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Future group in talks to buy Snapdeal's logistics arm Vulcan Express

Future group in talks to buy Snapdeal's logistics arm Vulcan Express

Wed, Jan 03, 2018

As per the report, Vulcan Express, which manages about half of Snapdeal's deliveries and shipments, replaced gojavas as the primary logistics partner when it was formed about three years ago.

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E-commerce sector rides on Digital India, note ban

E-commerce sector rides on Digital India, note ban

Sat, Dec 30, 2017

More than computer-based Internet penetration and broadband extension, the record growth of smartphones and the 4G network rollout made e-tailing popular even in secondary cities and towns across the country thanks to easy and quick access to information and data on products and services.

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2017: The year that was in India’s e-commerce sector

2017: The year that was in India’s e-commerce sector

Sun, Dec 24, 2017

The year of 2017 saw higher investments and some major transformations with competitors scattering to close market share in rural India.  

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Top Indian startups with valuation of over $1 billion each are on hiring spree: Report

Top Indian startups with valuation of over $1 billion each are on hiring spree: Report

Wed, Dec 06, 2017

The top Indian startups with valuation of over USD 1 billion each are on a hiring spree and more than half of all job postings by these unicorns are for fresh graduates, says a report.

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E-commerce industry generates sales of Rs 19,000 crore from festive sale month

E-commerce industry generates sales of Rs 19,000 crore from festive sale month

Fri, Oct 27, 2017

This is the highest ever sale monthly sales e-tailers achieved highest over the course of the festive month 2017. It saw 45% higher sales than the festive period last year.

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Festive sales: Flipkart, Amazon, Snapdeal offer smartphones on a budget this Diwali

Festive sales: Flipkart, Amazon, Snapdeal offer smartphones on a budget this Diwali

Sun, Oct 15, 2017

E-commerce websites that kicked off their Diwali sales on Saturday are advertising for discounts on smartphones. We bring you all the details.

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India has highest number of unicorn start-ups outside the US

India has highest number of unicorn start-ups outside the US

Mon, Sep 25, 2017

India currently has 9 unicorn start-up firms including Flipkart, Hike, InMobi, Ola Cabs, Paytm, ReNew Power Ventures, ShopClues, Snapdeal and Zomato.

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Face of Tata group to change in next decade, Ratan Tata says

Face of Tata group to change in next decade, Ratan Tata says

Thu, Sep 21, 2017

Hinting at consolidation and possible divestments of certain businesses which once defined the group, Tata said the conglomerate may look very different in the next decade, although the 150-year-old group will always strive to retain its culture.

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Why celebrities have turned the tables on brands by ending their endorsements

Why celebrities have turned the tables on brands by ending their endorsements

Sun, Sep 17, 2017

Virat Kohli took a surprising decision to choose to not renew his deal with Pepsi as he said he would not endorse any product which he would not use.

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Bengaluru, Delhi, Mumbai start-ups received nearly 80% of funding deals in last 5 years

Bengaluru, Delhi, Mumbai start-ups received nearly 80% of funding deals in last 5 years

Wed, Aug 23, 2017

Bengaluru and Delhi start-ups received most of the funding during the last 5 years, with a majority of the start-up unicorns in these cities.

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Flipkart gets an edge over Amazon in the fast growing non-metro markets: Report

Flipkart gets an edge over Amazon in the fast growing non-metro markets: Report

Wed, Aug 23, 2017

While Flipkart and Amazon were the joint leaders in terms leadership in the e-tailing space, Flipkart had an edge in the non-metro markets in India.

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Investment in Indian startups in 2016 was less than half of Flipkart’s total funding

Investment in Indian startups in 2016 was less than half of Flipkart’s total funding

Tue, Aug 22, 2017

Flipkart is India’s most well-funded startup in the Indian tech space. It is currently valued at $11.6 billion.  

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MobiKwik eyes raising $100 million in funding this year

MobiKwik eyes raising $100 million in funding this year

Sun, Aug 06, 2017

MobiKwik has so far raised over USD 85 million in funding from investors like South Africa's payments major Net1, Sequoia Capital, American Express, Tree Line Asia and Cisco Investments.

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