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Snapdeal reported to shut down Exclusively.com in costs-cut frenzy

Involved in an intense costs-cutting plan, Snapdeal would be eager to close Exclusively.in, barely 18 months after it acquired the online fashion platform founded in 2010 by founded in 2010 by Sunjay Guleria and Mohini Boparai Guleria. According to souces close to the matter quoted by ‘Mint’, Snapdeal’s plan is merging the entire catalogue of...

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Fashion

Online festive sales boom, delivery issues continue to haunt

While the festive season went off well for leading online retailers Flipkart, Amazon and Snapdeal, consumers continued to complain about cancelled or delayed orders and delivery issues. The mega sale events offering as much as 75 percent discounts, hosted by these platforms attracted hordes of customers however, they exposed online retailers’...

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