India E-tailers Jockey for Position After Flipkart-Snapdeal Talks Collapse - WWD

The collapse of the deal has major significance for global firms that have invested in the Indian market, including Amazon. By Mayu Saini on July 31, 2017. NEW DELHI, India — Snapdeal on Monday rejected a $950 million offer from India's biggest ...

Snapdeal Idea Of Going 'Independent' To Hit Employees Hard, Over 80% To Be Handed Pink Slips - Inc42 Media

Snapdeal founders have decided to give pink slips to about 80% of its employees. The news surfaced soon after the Snapdeal founders backed out from the merger deal with Flipkart. As per media reports, the company management has given “verbal ...

No Deal further: Snapdeal-Flipkart Merger Falls Through, Snapdeal To Follow An Independent Path, lay off staff - knowstartup (press release)

Online retailer Snapdeal has scrapped a proposed merger with bigger rival Flipkart after months of negotiations and will now tweak its business model, cut costs and slash headcount in a bid to revive its fortunes. “Snapdeal has been exploring strategic ...

Snapdeal terminates Flipkart's $950mn takeover deal - HERE. NOW

New Delhi, July 31: Snapdeal Monday called off the USD 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.

Snapdeal calls off sale to Flipkart - Khaleej Times

India's Snapdeal said it had decided to remain independent and was ending all talks regarding a sale, bringing the curtain down on months of discussions around a possible acquisition of the e-commerce firm by bigger rival Flipkart. The board of Jasper ...

Flipkart To Promote Domestic Manufacturers With Its New 'Made For India' Private Label - Billion - Inc42 Media

Flipkart has announced the launch of its Made-for-India brand, Billion. The new private label brand, Billion is developed specifically to cater to the unique needs of Indian customers. As part of the initiative, the ecommerce giant has teamed up with a ...

Flipkart launches private brand 'Billion' - YourStory.com

Flipkart already has a private label, 'Smartbuy', under which it sells products in the fashion, electronics, and home categories. Flipkart Co-founder and Executive Chairman Sachin Bansal is back in the news after a long hiatus, and the reason for his ...

Amazon Looks To Make Revenue From Logistics Arm; Will Deliver Orders Placed On Rival Platforms Too - Inc42 Media

Jeff Bezos has ambitious plans for Amazon India's logistics arm, Amazon Transportation Services (ATS). According to new reports, Amazon is planning to extend its logistics services to its sellers in India, even for orders placed through offline ...