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SoftBank CEO Says Respects Snapdeal Founders' Decision, Is in Talks With Flipkart
"We respect the decision of Snapdeal founders and we are engaged with Flipkart," SoftBank CEO Masayoshi Son said after the group's results were announced.
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Snapdeal Said to Be Reassuring Staff With Promises of Profit
One of the sources said there had been at least five townhalls in recent weeks, with founders Kunal Bahl and Rohit Bansal delivering motivational speeches.
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Snapdeal to Lay Off Around 600 People Over Next Few Days in Search of Profitability
Snapdeal is said to be laying off 600 employees across Snapdeal, Vulcan, and Freecharge units, and the process will carry on for the next few days.
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Snapdeal Expected to Make Profit in 2 Years, Says CEO
Snapdeal CEO Kunal Bahl also said the firm did not immediately need to raise capital unless it makes an acquisition.
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SoftBank Posts Massive $560 Million Loss on Ola, Snapdeal Investments
The Japanese firm had led a $210 million investment in Ola and $627 million in Snapdeal in October 2014.
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Snapdeal CEO Says Expects to Be Profitable in 3 Years
Snapdeal CEO Kunal Bahl was speaking at an International Chambers of Commerce event on Thursday.
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SoftBank CEO Says Respects Snapdeal Founders' Decision, Is in Talks With Flipkart
"We respect the decision of Snapdeal founders and we are engaged with Flipkart," SoftBank CEO Masayoshi Son said after the group's results were announced.
-
Snapdeal Said to Be Reassuring Staff With Promises of Profit
One of the sources said there had been at least five townhalls in recent weeks, with founders Kunal Bahl and Rohit Bansal delivering motivational speeches.
-
Snapdeal to Lay Off Around 600 People Over Next Few Days in Search of Profitability
Snapdeal is said to be laying off 600 employees across Snapdeal, Vulcan, and Freecharge units, and the process will carry on for the next few days.
-
Snapdeal Expected to Make Profit in 2 Years, Says CEO
Snapdeal CEO Kunal Bahl also said the firm did not immediately need to raise capital unless it makes an acquisition.
-
SoftBank Posts Massive $560 Million Loss on Ola, Snapdeal Investments
The Japanese firm had led a $210 million investment in Ola and $627 million in Snapdeal in October 2014.
-
Snapdeal CEO Says Expects to Be Profitable in 3 Years
Snapdeal CEO Kunal Bahl was speaking at an International Chambers of Commerce event on Thursday.
