Snapdeal Acquisition
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Snapdeal Said to Conduct Due Diligence on ShopClues, Consider Bid
Snapdeal is conducting due diligence on ShopClues, in a move likely to result in a potential acquisition of its rival in an all-stock deal, Reuters reported.
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Snapdeal Terminates Talks With Flipkart, Will Pursue an Independent Path
Snapdeal's founders are said to be opposed to the Indian e-commerce firm's acquisition by bigger rival Flipkart.
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Flipkart Said to Be Readying Up to $950 Million Offer for Snapdeal
The new Flipkart offer almost matches the initial asking price of $1 billion for acquisition of Snapdeal, sources privy to the development told PTI.
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Snapdeal App Crosses 50 Million Downloads on Google Play
"Achieving the milestone figure of 50 million downloads is a sure sign that more and more users are seeing value in the experience we provide," said Snapdeal CTO Rajiv Mangla.
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Snapdeal Board Expected to Meet Today to Discuss Sale
The valuation of Snapdeal is believed to be one of the hurdles to the deal, as Kalaari and NVP were not in agreement with the valuation given by SoftBank.
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Snapdeal Said to Dole Out Up to 15 Percent Pay Hike Amid Sell-Off Buzz
According to PTI sources, the pay revision will be effective from April 1 and will see salaries of employees at the mid and junior-level go up by an average 12-15 percent.
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The 10 Most Acquisitive Indian Startups in 2015
A roundup of the Indian startups which made the largest number of acquisitions in 2015.
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Alibaba Gets Competition Commission's Nod to Buy Stake in Snapdeal
Approval is required from CCI, which keeps a tab on unfair business practices for acquisitions beyond a certain threshold.
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Snapdeal's Anand Chandrasekaran on Disrupting Itself With New Launches and Acquisitions
Snapdeal's Chief Product Officer talked to us about how the company is reinventing itself and described how it's building a "string of pearls" of companies.
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Snapdeal Relaunches Shopo, an App-Only Zero Commission Marketplace
Delhi based e-commerce giant Snapdeal relaunched Shopo today, following its acquisition in 2013.
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Snapdeal Reportedly in Talks to Acquire GoJavas for Rs. 200 Crores
Snapdeal is expected to announce its acquisition of logistics firm GoJavas in the next two weeks.
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Snapdeal to Soon Get Into Acquisition Mode, Targets 1 Million Sellers on Platform
"You will see us make some acquisitions, some may be announced soon," CEO Kunal Bahl said in Mumbai.
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Snapdeal Acquires Gifting Recommendation Platform Wishpicker
"This is an important acquisition for us in terms of adding new technology capabilities and helping sellers connect with buyers in newer ways."
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Amazon Reportedly in Talks to Acquire Jabong for $1.2 Billion
The reported Jabong acquisition is said to cost Amazon roughly $1.1 - $1.2 billion (approximately Rs. 6,800 - Rs. 7,400 crores).
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Snapdeal Said to Conduct Due Diligence on ShopClues, Consider Bid
Snapdeal is conducting due diligence on ShopClues, in a move likely to result in a potential acquisition of its rival in an all-stock deal, Reuters reported.
-
Snapdeal Terminates Talks With Flipkart, Will Pursue an Independent Path
Snapdeal's founders are said to be opposed to the Indian e-commerce firm's acquisition by bigger rival Flipkart.
-
Flipkart Said to Be Readying Up to $950 Million Offer for Snapdeal
The new Flipkart offer almost matches the initial asking price of $1 billion for acquisition of Snapdeal, sources privy to the development told PTI.
-
Snapdeal App Crosses 50 Million Downloads on Google Play
"Achieving the milestone figure of 50 million downloads is a sure sign that more and more users are seeing value in the experience we provide," said Snapdeal CTO Rajiv Mangla.
-
Snapdeal Board Expected to Meet Today to Discuss Sale
The valuation of Snapdeal is believed to be one of the hurdles to the deal, as Kalaari and NVP were not in agreement with the valuation given by SoftBank.
-
Snapdeal Said to Dole Out Up to 15 Percent Pay Hike Amid Sell-Off Buzz
According to PTI sources, the pay revision will be effective from April 1 and will see salaries of employees at the mid and junior-level go up by an average 12-15 percent.
-
The 10 Most Acquisitive Indian Startups in 2015
A roundup of the Indian startups which made the largest number of acquisitions in 2015.
-
Alibaba Gets Competition Commission's Nod to Buy Stake in Snapdeal
Approval is required from CCI, which keeps a tab on unfair business practices for acquisitions beyond a certain threshold.
-
Snapdeal's Anand Chandrasekaran on Disrupting Itself With New Launches and Acquisitions
Snapdeal's Chief Product Officer talked to us about how the company is reinventing itself and described how it's building a "string of pearls" of companies.
-
Snapdeal Relaunches Shopo, an App-Only Zero Commission Marketplace
Delhi based e-commerce giant Snapdeal relaunched Shopo today, following its acquisition in 2013.
-
Snapdeal Reportedly in Talks to Acquire GoJavas for Rs. 200 Crores
Snapdeal is expected to announce its acquisition of logistics firm GoJavas in the next two weeks.
-
Snapdeal to Soon Get Into Acquisition Mode, Targets 1 Million Sellers on Platform
"You will see us make some acquisitions, some may be announced soon," CEO Kunal Bahl said in Mumbai.
-
Snapdeal Acquires Gifting Recommendation Platform Wishpicker
"This is an important acquisition for us in terms of adding new technology capabilities and helping sellers connect with buyers in newer ways."
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Amazon Reportedly in Talks to Acquire Jabong for $1.2 Billion
The reported Jabong acquisition is said to cost Amazon roughly $1.1 - $1.2 billion (approximately Rs. 6,800 - Rs. 7,400 crores).
