vimarsana.com

Page 11 - வால்மார்ட் ஓஂட் பிளிப்கார்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Snapdeal flips business model, won t sell high-end brands

Snapdeal flips business model, won’t sell high-end brands SECTIONS Share Synopsis “In the last couple of years, we have very sharply focused on the value e-commerce segment and our strategy going forward too is to keep building for this segment,” Kunal Bahl, founder & CEO at Snapdeal, told TOI. Agencies Snapdeal reported revenue of Rs 864 crore in FY20, marginally higher than Rs 839 crore in FY19. (This story originally appeared in on Jul 21, 2021)Homegrown online marketplace Snapdeal, which was once competing with Flipkart and Amazon, has flipped its business model to target the value-conscious end of the market. The development comes against the backdrop of the SoftBank-backed company shelving a $950-million merger plan with rival Walmart-owned Flipkart in 2017 and consolidating its entire business, including laying off more than half its workforce and selling key assets such as mobile wallet business Freecharge to Axis Bank and logistics arm Vulcan Express to Kish

After Tata acquisition, BigBasket wants to go big on express deliveries

Synopsis According to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner would play out over the next few months at BigBasket, as Tata Group gets ready to launch its much-anticipated super app. BB Daily, BigBasket s subscription-based morning essentials delivery business, is on the path to becoming “the most profitable” business for the company, cofounder Hari Menon says. Bengaluru | Mumbai:BigBasket will launch express deliveries, a segment the online grocery platform has previously experimented with but pulled back from, cofounders Hari Menon and Vipul Parekh said. Over the next two-three months BigBasket, where Tata Digitalacquired a majority stake recently, plans to introduce the quick-delivery service, a category which is hotting up with well-capitalised companies like

H&M Invests in Indian Social Commerce Player Trell

H&M Invests in Indian Social Commerce Player Trell
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.