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Latest Articles in snapdeal

Paytm Set To Acquire Freecharge With Non-Exclusive Term Sheet

The year 2017 sees yet another consolidation with Paytm signing a non-exclusive term sheet to acquire Freecharge

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Snapdeal Founders, Nexus Reach Deal With SoftBank For Sale To Flipkart, Reports ET Now

Founders of Indian online marketplace Snapdeal and one of its early investors, Nexus, have reached an agreement with SoftBank Group that would allow the Japanese firm to move ahead with its plan to sell Snapdeal to bigger rival Flipkart

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Japan's SoftBank Takes Driving Seat In Indian Online Shake-up

After ploughing about $2 billion into minority stakes in Indian e-commerce businesses over the past few years, Japan's SoftBank is upping the stakes, looking to play consolidator and take a more active role at a trio of leading start-ups

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Proceed To Checkout

A possible merger with Snapdeal could help cement Flipkart’s foothold in India’s e-commerce sector

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Snapdeal Suffers In Snapchat Backlash

Several mobile users uninstalled the app of e-commerce firm Snapdeal to protest unverified comments about the Indian market by the CEO of social networking platform Snapchat in a case of mistaken identity

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Snapdeal Founders Move To Calm Employees Amid Takeover Speculation

The founders of Snapdeal told employees in an email that the e-commerce company will ensure there is no disruption to staff "as the way forward becomes clear," as speculation of a takeover swirls

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Softbank Reworking Sale Plan Of Snapdeal; Decision In Few Weeks

Japanese investor SoftBank is believed to be re-working its plan for sale of e-commerce platform Snapdeal and a final decision is likely to be made in the next few weeks

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SoftBank Preps Snapdeal For Sale, Looks To Buy Kalaari, Nexus Stakes, Say Reports

Snapdeal's three biggest investors — Japan's SoftBank, Kalaari Capital and Nexus Venture Partners have moved closer to resolving an impasse, potentially clearing the way for a sale of the e-tailer to one of its rivals, Flipkart or Paytm

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Under Pressure, Snapdeal Woos Staff With Promises Of Profit

Like most e-commerce players in India, Snapdeal is burning cash to sustain discounts — and keep customers — in a cut-throat online market

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Snapdeal Searches For Funds, Takeover Speculation Grows

The e-commerce company is seeking investment to shore up its finances after unsuccessful talks with Chinese funds and Alibaba Group Holding Ltd as it battles to remain competitive

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Snapdeal Says Not In Talks For Sale

E-commerce marketplace Snapdeal on Wednesday firmly denied that it was in talks to sell the firm, after Mint newspaper reported the company was in talks with domestic rivals for a potential sale

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SoftBank-backed Snapdeal In Deal Talks With Rivals Flipkart And Paytm, Reports Mint

Indian e-commerce, which is one of the world's fastest growing internet services market, has largely been driven by steep discounts, resulting in investor markdowns due to concerns about profitability

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Flipkart Looking To Raise $1 Billion In Latest Funding Round

Flipkart's latest fundraising comes amid intensifying competition in the e-commerce space from the likes of US internet giant Amazon.com Inc and domestic rival Snapdeal

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Flipkart To Hire 20-30% More This Year

E-commerce major Flipkart is looking to hire 20-30 per cent more people in 2017 compared to last year even as rival Snapdeal hands out pink slips to its employees

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