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Posts Tagged ‘ Shopo ’

Snapdeal to lay off 30% of its workforce

Saturday, February 11, 2017 | More »

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, plans to lay off almost 1,000 employees, which comprises 30% of its workforce, as it looks to reduce mounting losses, a financial daily reported on Saturday citing four people aware of the development. About 5,000 contract and 3,000 on-...

Snapdeal to shut C2C marketplace Shopo

Snapdeal to shut C2C marketplace Shopo

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, is shutting down its zero commission mobile-based marketplace Shopo, according to a blog post. The app and web store will not be operational after February 10. “The e-commerce market in India will continue its robust growth. However, ...

9 February, 2017 | More »


Shopo plans to have monetisation model by next quarter

Snapdeal’s C2C marketplace Shopo, which was launched in July 2015, is planning to come up with a monetisation model in the next quarter, Sandeep Komaravelly, senior vice-president at Shopo, told reporters at a press briefing. “We are looking at advertising on the platform to generate rev...

20 July, 2016 | More »


Exclusive: Social commerce enabler Meesho bags angel funding

Social commerce platform Meesho has raised an undisclosed amount of angel funding from investor Rajul Garg, besides other investors, two people familiar with the development told Techcircle.in. The two people did not want to be named. They also declined to name the other investors. A business-to-bus...

5 May, 2016 | More »


Snapdeal claims 1M listings on mobile marketplace Shopo

Snapdeal said on Monday that Shopo, its recently launched ‘zero-commission’ mobile-based marketplace, has crossed the one million mark for active product listings. Launched in July, the Shopo app has been downloaded about 200,000 times, the company said. There are about 20,000 listed shops on t...

26 October, 2015 | More »


Snapdeal to invest $100M in Shopo: Kunal Bahl

E-commerce major Snapdeal will invest $100 million (about Rs 665 crore) in Shopo as it looks to build up the recently launched venture into a one million seller-strong platform. Launched in July, Shopo is a mobile-only platform, which aims to bring small and medium businesses (SMBs) that cannot regi...

6 September, 2015 | More »


No point in spending on customer acquisition if you can’t get your product right

At Shopo, since we were building a marketplace for craft sellers and artisans, the biggest challenge for us was to find good designers and plenty of them. While we did find them, most were hobbyists and couldn’t produce bulk items on popular demand. I remember this case where we had a really popul...

12 September, 2013 | More »