Posts Tagged ‘ ShopClues ’
Thursday, February 9, 2017
Investor Mahesh Murthy is known for not mincing words. The co-founder of Seedfund says several businesses in India have been created with the idea of selling to industry giants, signalling greed of both entrepreneurs and investors. He is also least bothered about the valuation markdowns of some cons...
Jack Ma-owned Alibaba will soon open its first India office in Mumbai’s posh business district Bandra-Kurla Complex (BKC), according to a report in a business daily last week. For this purpose, it has rented 3,221 sq ft of office space at Rs 275 per sq ft per month, the report added. Even on t...
2 January, 2017 |
The internet and tech unicorns that sprung up in the recent years have inspired the entrepreneurial spirit among the country’s youth. They attracted billions of dollars of foreign capital and triggered the rise of hordes of startups. The good run in terms of expanding customer base, successive rou...
30 December, 2016 |
Further fueling speculations of its imminent entry into the Indian market, Chinese e-commerce major Alibaba Group is establishing its first office in the country in Mumbai. Jack Ma-owned Alibaba is setting up an office at Bandra-Kurla Complex (BKC) in Mumbai, reports Business Standard. The company h...
29 December, 2016 |
Online e-commerce giants Amazon India and Flipkart were neck and neck in terms of ranking, with the latter a few points ahead in RedSeer Consulting’s E-tailing Leadership Index (ELI). On overall rankings for October 2016, Flipkart was placed at 97, while Amazon India came in at 94. Amazon India lo...
29 November, 2016 |
Honchos of leading consumer internet companies in India have jointly hailed the demonetization move of the Central government. In an industry forum organised in New Delhi on Wednesday, top executives from companies such as Flipkart, Snapdeal, Shopclues, CCAvenues, 1mg Technolgoies, Ola and Oyo Rooms...
17 November, 2016 |
Yebhi.com co-founder Danish Ahmed’s second venture—Shopsity—also seems to have fizzled out. Shopsity followed an online-to-offline (O2O) retail model and connected customers to fashion retailers in their vicinity. Its website and app are no longer working. Moreover, according to Ahmed̵...
10 November, 2016 |
While the Diwali season turned into a battle between Amazon, Snapdeal and Flipkart; ShopClues, run by Clues Network Pvt. Ltd., has been quietly chasing profitability. The Gurgaon-based firm is confident of registering EBIDTA (Earnings before Interest, Taxes, Depreciation and Amortization) profitabil...
24 October, 2016 |
Gurgaon-based e-commerce firm ShopClues has acquired two startups to enhance support for merchants on its marketplace platform, according to one person familiar with the development. The acquisitions were made in the second quarter of this year, the person told Techcircle. “One startup has been ac...
17 October, 2016 |
Gurgaon-based e-commerce firm ShopClues says it has witnessed a five-fold growth in its business within the first two days of the Diwali Sale on the back of 50% higher demand from tier II and tier III cities compared to tier I cities. With the conclusion of the festive period, tier III sales account...
12 October, 2016 |