Snapdeal- THE HANS INDIA
'Snapdeal 2.0' Could Leave Company With 500-600 Employees: Report

'Snapdeal 2.0' Could Leave Company With 500-600 Employees: Report

Aug 21,2017 , 07:45 AM IST | Business
Snapdeal may trim its workforce to half from the current 1,200 employees over the next few months as it pursues an "independent" path post calling off merger with bigger rival Flipkart, according to company sources.
Despite Snapdeal Setback, SoftBank May Invest $2 Billion In Flipkart: Report

Despite Snapdeal Setback, SoftBank May Invest $2 Billion In Flipkart: Report

Aug 01,2017 , 04:19 PM IST | Business
SoftBank Group is still in talks to invest in Flipkart - despite the collapse of discussions to fold a smaller rival into India's largest e-commerce site - but it would do so through its Vision Fund, according to sources familiar with the matter. SoftBank, already invested in Indian online grocer Grofers and cab hailing firm Ola, tried for months to engineer a share swap transaction between Snapde
Snapdeal calls off merger talks with Flipkart

Snapdeal calls off merger talks with Flipkart

Jul 31,2017 , 11:39 PM IST | Business
Snapdeal on Monday called off the $950-million takeover (over Rs 6,000 crore) by Flipkart, apparently over differences in valuation and terms of what could possibly have been the largest deal in the Indian e-commerce space. Discussions to acquire the beleagured Snapdeal by Flipkart were initiated in March, but contours of the deal could not reach a finality even after several rounds.
Snapdeal approves Flipkart's $900-950 million takeover offer: Sources

Snapdeal approves Flipkart's $900-950 million takeover offer: Sources

Jul 26,2017 , 03:40 PM IST | Business
Indian online marketplace Snapdeal has accepted Flipkart's revised takeover offer of up to $950 million, two sources said on Wednesday, providing heft to its bigger rival in a high-stakes battle with Amazon.com Inc.
Flipkart Lifts Bid For Rival Snapdeal To Up To $950 Million: Report

Flipkart Lifts Bid For Rival Snapdeal To Up To $950 Million: Report

Jul 18,2017 , 12:30 PM IST | Business
Flipkart, Snapdeal and its main backers were not immediately reachable for comment.
Snapdeal Board Rejects $850 Million Offer From Flipkart: Report

Snapdeal Board Rejects $850 Million Offer From Flipkart: Report

Jul 05,2017 , 08:28 AM IST | Business
Snapdeal's board is believed to have rejected a takeover offer of $800-850 million (around Rs. 5,500 crore) from larger e-commerce rival Flipkart.
Snapdeal Files Police Case Against Former Heads Of Logistics Firm Quickdel

Snapdeal Files Police Case Against Former Heads Of Logistics Firm Quickdel

Jun 25,2017 , 08:26 AM IST | Business
Indian online retailer Snapdeal has filed a police complaint against some former directors and former management of a local logistics company, in which it owns a stake, accusing them of defrauding the company of Rs. 3.57 billion, a police report showed.