SnapDeal

Sequoia wraps up new $695M fund for India and Southeast Asia

Sequoia has announced the close of its newest fund for India and Southeast Asia. The firm has raised $695 million for this fund, which is its fifth since it expanded into India 12 years ago. Reports

Flipkart’s on-off-on-off-on-off deal to acquire Snapdeal is now officially dead

What a difference a week makes. Less than seven days after Flipkart’s much-rumored acquisition of Snapdeal appeared to be nearing completion following months of speculation, the deal has offici

Flipkart is all set to buy rival Snapdeal in major Indian e-commerce consolidation

The long running saga over the future of Indian e-commerce firm Snapdeal may be close to a conclusion at last. The company has been repeatedly linked with an acquisition by rival Flipkart, and now a d

Crunch Report | Apple’s New Campus Will Open in April

Apple's new campus will open in April, never-ending turnover at Twitter, Instagram adds a carousel feature and Snapdeal to lay off 500-600 people. All this on Crunch Report.

India’s Snapdeal to lay off 500-600 as it battles Flipkart and Amazon

Snapdeal, one of India’s big online marketplaces connecting sellers of a range of goods with consumers looking to buy them, is feeling the pinch of competition from Flipkart, Amazon and a host

Alibaba posts record growth as mobile revenue tops desktop for first time

Alibaba saw record revenue growth in Q2 2016 as the company's Chinese retail marketplaces surged and revenue from its users on mobile overtook that of desktops for the first time.

Alibaba secures $3B loan to finance more investments and acquisitions

It looks like Alibaba is in the mood for more acquisitions. The company's recent investment spree -- which includes the ongoing $3.5 billion purchase of Youku Tudou and new stakes in Groupon, PayTM an

Snapdeal Raises $200M More To Fuel Up For India’s Ongoing E-Commerce Battle

Snapdeal, India's second largest e-commerce site, has pulled in $200 million in new funding via an investment led by Ontario Teachers’ Pension Plan.

PepperTap Lands $36M To Expand Its Grocery Delivery Service To 75 Cities In India

PepperTap, a nine-month-old grocery delivery service in India, has closed its third round of investment this year after announcing a $36 million raise.

How Legal Immigration Failed Silicon Valley

Twelve years after filing for U.S. residency, I finally took the oath of citizenship in a quaint suburban theater, having spent seven of those prime entrepreneurship years mired in the Green Card queu

Snapdeal Confirms $500M Investment From Alibaba, SoftBank and Foxconn

Indian e-commerce platform Snapdeal has confirmed that it received $500 million of funding from three of Asia’s largest tech companies: Alibaba, Foxconn, and SoftBank. Returning investors Temasek, B

Snapdeal Will Invest $100M In Its Research Arm Over The Next Three Years

Snapdeal, one of India’s largest e-commerce companies, will spend $100 million over the next three years on its Bengaluru-based research and development center. Called the Multimedia Research Lab, t

Snapdeal, One Of India’s Largest E-Commerce Players, Reportedly Gets $500M From Alibaba, Foxconn And SoftBank

Snapdeal, one of India’s biggest e-commerce companies, has scooped up $500 million in funding from Alibaba, Foxconn and SoftBank, according to Re/code. The Wall Street Journal first reported in J

India’s Snapdeal, Intex Seek An Android Alternative

Finnish smartphone OS startup Jolla has inked the first licensing deal for its Android alternative Sailfish OS, some three years after starting out on a grand plan to save the in-house OS Nokia was ab

Microsoft Opens A Branded Store On Indian E-Commerce Platform Snapdeal

Microsoft has launched its own branded store on Snapdeal, one of India's top e-commerce sites, as it aims to grow its share of the country's fast-growing mobile market.

Indian E-commerce Giant Snapdeal Acquires MartMobi To Build Its Mobile Platform

Snapdeal, one of the largest e-commerce players in India, has snapped up MartMobi for an undisclosed amount. Based in Hyderabad, Martmobi helped vendors build mobile apps and sites. Snapdeal said the

Indian E-Commerce Giant Snapdeal Buys Bill Payment Service FreeCharge

Snapdeal, the SoftBank- and eBay-backed online commerce company in India, has completed what it called "one of the biggest acquisitions in the history of the internet industry in India" after it annou

Xiaomi Expands Its Online Retail Channels In India And Inks First Offline Sales Deals

Xiaomi is broadening its horizons in India with news that its Mi devices will soon be available through two of the country's major e-commerce sites, and offline retailers for the first time.

Snapdeal Acquires RupeePower, Will Add Loans, Other Financing To Its Marketplace

India’s Snapdeal has been on an acquisition spree in the last several months, tapping into the $1.1 billion it has raised from the likes of Softbank to expand from being a marketplace for goods

India’s Snapdeal Buys Exclusively.In To Add Luxury Goods To Its Online Marketplace

On the heels of raising $1 billion in funding last year, India’s e-commerce marketplace Snapdeal is now in acquisition mode: the company has acquired Exclusively.in, a shopping portal that focus
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