Snapdeal news and archive

Arvind’s Unlimited joins online retail bandwagon with Snapdeal

Snapdeal has expanded its selection by adding products from Unlimited, a retail chain belonging to Arvind Fashion. This partnership allows Unlimited to leverage Snapdeal’s deep reach in Tier II and III cities. The products will cover fashion and fashion accessories for men, women and children. The range covers jeans, trousers, jeggings, skirts,...

Retail

Snapdeal to increase seller base add another 5,000 manufacturers, sellers

E-commerce marketplace Snapdeal plans to increase its seller-base by adding another 5,000 manufacturer-sellers on its platform in 2020. It expects most of these manufacturers to join from India’s production hubs such as Meerut, Ludhiana, Tirupur, Jaipur, Panipat, Surat and Rajkot. Over the last one year, many manufacturers of daily use products...

Retail

Snapdeal’s traffic grew 60 percent in the past one year

In the last one year, etailer Snapdeal’s traffic has grown 61 percent on its web and mobile sites. Over two years, traffic to Snapdeal’s web and mobile sites has more than tripled -- from 27 million monthly visits in October 2017 to more than 87 million visits in September 2019. Snapdeal registered 87 million visits on its platform in the month...

Retail

Snapdeal’s Diwali sale event clocks in recordvolumes

Snapdeal’s first Diwali sale for ’19 brought in record orders for the etailer. There was a massive growth of 52 per cent over last Diwali volumes. The number of first time users on the platform more than doubled from the last Diwali season. Nine out of every ten orders received were from non-metro towns across India. Orders from cities like...

Retail

Snapdealto to host festive sale from September 29, eyes non metro buyers

Snapdeal will have a series of mega sales, one from September 29 to October 6, 2019, and one in the second and third weeks of October. These coincide with Navratri and Diwali and Snapdeal expects more than 85 percent of its sales to come from non-metro users. Special deals will be offered on a wide range of its bestsellers from Indian bazaars,...

Business

Snapdeal’s losses decline by 71 per cent in FY 2018-19

Snapdeal has cut its losses by 71 per cent this financial year. The e-commerce marketplace’s consolidated revenues grew 73 per cent in the 12-month period. Revenue from operations grew 87 per cent with a significant reduction in the cost base. This year Snapdeal continued its focus on driving growth a lean and capital-efficient foundation in its...

Retail

Miniso India to start retailing online

Japanese designer lifestyle brand Miniso has entered e-commerce space with their products going live on Achhakart.com for bulk purchases and Snapdeal and Paytm Mall for retail shopping in India. With growing demand for their products at their retail outlets along with requests from consumers for purchase online, the brand expanded its vision and...

Retail

Online retailer Snapdeal to expand product basket

E-commerce major Snapdeal is looking to expand its product basket by expanding its seller base to cater more customers. The e-tailer will continue to focus on Tier II, III cities for growth in the Indian market. It has however, no intention to enter the private label business as it would harm the interest of registered sellers on the platform....

Retail

Snapdeal opens online wedding store

Etailer Snapdeal has now added an online wedding store to its basket. On offer are collections for brides and grooms that include: lehengas, saris, gharcholas, kanjivarams, paithanis, sherwanis, silk kurta sets, kurtas and pyjamas, and suits and blazers for grooms. In addition there are jewelry, make-up and couture craft pieces. The aim is to...

Retail

Snapdeal sees huge jump in festive business volumes

There has been a 2.5-fold jump in festive business volumes for Snapdeal. Home and kitchen products, personal use appliances and traditional Indian wear for women (saris and suits) were the highest selling items on its platform. A large majority of Snapdeal buyers focused on buying goods for the home, with sellers including water purifiers and...

Retail

Snapdeal sees fourfold growth in orders

Snapdeal has seen its order volumes grow fourfold in the last year or so. Healthy, rejuvenated and in control of its own destiny, the online marketplace is now sailing ahead toward brighter horizons. Shifting to a smaller office with around 800 employees, and selling off its other companies (including mobile wallet FreeCharge, logistics entity...

Retail

Snapdeal to increase seller base with instant seller sign up

Snapdeal is working towards onboarding sellers from different fields. The company is looking to increase its seller base in the country by offering them a seamless on boarding process through its Instant Seller Sign-up feature. Snapdeal has been seeing a decrease in business with lessening in both seller and customer base. The company is looking...