Snapdeal Sale

Snapdeal eyeing major share in value lifestyle growth in next 5-10 yrs: CEO

Snapdeal believes the e-commerce story over the next 5-10 years will be around the growth of the 'value' lifestyle segment, and the online marketplace is looking to corner a "decent slice of this opportunity" as it focuses on unit economics, quality checks, and use of AI as well as tech to measure and improve customer experience. Snapdeal's business metrics are "in a good space" in the value e-commerce category and it has opted to "reinvest in growth now" as financial parameters are within striking distance of profitability, Himanshu Chakrawarti, CEO of Snapdeal, told PTI. In an interview, Chakrawarti said that Snapdeal expects a "normal" festive season, which typically yields a 25-30 per cent surge in demand over other months. "As per estimates the value (lifestyle retail) market in India is growing significantly, from USD 88 billion to USD 175 billion. Also along with this, the e-commerce portion is going to increase from 8 per cent to 22 per cent...we are largely focused on our .

Updated On: 05 Nov 2023 | 5:03 PM IST

Top e-commerce platforms to stop selling seat belt alarm stopper clips

Amazon, Flipkart, Meesho, Snapdeal, and Shopclues had this item listed for sale

Updated On: 12 May 2023 | 3:48 PM IST

Festive season sale volumes more than double from last year: Snapdeal

Snapdeal's 'Toofani Sale' started at the beginning of October and concluded on October 31 with a final weekend sale

Updated On: 01 Nov 2021 | 9:47 PM IST

Snapdeal expands logistics network ahead of festive season, adds 8 hubs

E-commerce major Snapdeal on Wednesday said it has added eight logistics centres to its network across manufacturing hubs, including Mathura, Noida and Mumbai, ahead of the festive season.

Updated On: 26 Aug 2020 | 8:01 PM IST

Snapdeal's digital gift card sales rise 300% during festive season

Snapdeal's digital gift cards can be used both online and in physical stores of leading brands and are valid up to one year

Updated On: 02 Oct 2019 | 9:36 PM IST

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Snapdeal offers up to 80% discount at 'Deals of India' sale

Snapdeal sale is offering massive discounts across mobile and electronics, fashion and home

Updated On: 10 Aug 2018 | 9:12 PM IST

Snapdeal sale to Flipkart: Softbank inches closer to bring Nexus on board

A meeting was held today to end the impasse over the sale

Updated On: 09 May 2017 | 9:01 PM IST

Nexus rejects SoftBank's terms at Snapdeal board meet

Sources added that till now there's been no common term sheet on the table

Updated On: 03 May 2017 | 1:28 AM IST

Impasse at Snapdeal board meeting, no decision yet on sale to Flipkart

SoftBank on Tuesday could not manage a crucial nod from co-investor Nexus for sale

Updated On: 02 May 2017 | 8:13 PM IST