Snapdeal looked certain to be Flipkart’s next big acquisition and usher in a duopoly era in the e-commerce sector with Flipkart and Amazon the only two remaining big players. But, on Monday Snapdeal said it was terminating the talks of selling off its stakes to Flipkart, to pursue a new path.
A Snapdeal spokesperson in a statement said, “As we have been exploring strategic options over the months, we have decided to pursue an independent path and terminate all strategic discussions” interestingly without naming Flipkart. The negotiations between Flipkart and Snapdeal for a possible acquisition were said to be mediated by Snapdeal’s principal investor, [...]
Flipkart is reportedly closing in on taking over e-commerce rivals Snapdeal. A report claims that the Snapdeal board has accepted Flipkart’s offer in the region of $900-$950 million last week. The future of Snapdeal has been a topic of discussion for the longest time and looks like the speculations will finally end now as the deal reaches a completion.
Snapdeal has raised over $1.5 billion over the years including, from investors such Alibaba and Softbank. Snapdeal was valued at $6.5 billion as recently as 2015 and is now set to be taken over by Flipkart for under $1 billion. It has also been reported that other assets such as FreeCharge, which Snapdal acquired two years [...]
New reports suggest that the HTC One A9 will be sold for Rs.29,990 exclusively on Snapdeal. The registration for this will open on the 9th of December 2015 (tomorrow) and end on the 14th of December 2015. It will be available for consumers to purchase from the 15th of December 2015.
The HTC One A9 is the first non-Nexus device to come pre-loaded with the Android 6.0 Marshmallow. Additionally, the company has cut down on pre-loaded apps, opting for a purer Android experience. The One A9 sports a 5-inch Full HD AMOLED display with Corning Gorilla Glass 4 and 1080 x 1920 resolution.
A fingerprint sensor, 13-megapixel rear camera with low light OIS, 4MP Ultrapbixel front [...]
Lo and behold, Snapdeal is letting buyers get iPhone 6 for as low as Rs. 37,488 for the 16 GB variant. This is followed by the 64 GB version at Rs. 45,999, and Rs. 63,344 for the 128 GB variant. The price is so low thanks to the Cash back deal being offered to SBI debit and credit card users. Considering the fact that the 16GB version of Apple iPhone 6 was initially launched at Rs. 53,500 in the country, while the 64 GB and 128 GB versions were priced at Rs. 62,500 and Rs. 74, 000 respectively, this is a major price cut.
It is not uncommon for older versions of phones to witness a drop in price once a new flagship comes out. Similarly, post the [...]
In the midst of Chinese vendors threatening to take over Indian markets with their smartphones, Motorola India seems to be upping their game plan. This time they are creating a wider range of offline and online retailers through their distribution partner, Brightstar India for easier and wider access to their handsets.
Some of us, still prefer going to a store and examining a product before availing of it. For this lot, Motorola will for the first time make the 2nd Gen Moto E 4G LTE available off the shelf at select Airtel stores across the country. Along with this, they are also looking towards their e-shoppers and will start offering the Moto E 3G/4G LTE, September [...]
We have been covering Meizu quite regularly here at iGyaan. Today we bring you more updates about this smartphone brand – Meizu has exclusively partnered with Snapdeal for its flagship model, MX5.
You can preorder this smartphone on Snapdeal, however, the price of this product is yet to be announced. The specification of the MX5 include an AMOLED display from Samsung that comes with an infinite contrast range while producing more vivid pictures and clearer text. The mCharge for quick charging, the mTouch 2.0 which makes the identification sensing technology faster, it has a full metal body, 12-gun 3D sand blasting,and comes with a 5 step anodizing [...]
It all started last year in July when Xiaomi entered the Indian market with a bang. Our country was happily surprised when the Chinese tech company decided to launch the Mi 3, priced at a mere Rs. 13,999. It was the first time, potential Indian buyers were asked to pre-register and patiently wait at a particular time and e-commerce website, to try and buy a smartphone. Flash sales by Xiaomi caused such an uproar that even Flipkart was unable to cope with the traffic. Xiaomi brought the smartphone in small stocks, which only helped increase the enthusiasm of the Indian market to get their hands on the device.
This wildly successful (and frustrating) practice has since been [...]
E-commerce website, Snapdeal, is one of the most prominant players in the market along with Flipkart and Amazon. The company has now announced that it has acquired the mobile payment app, Freecharge. With this move the company hopes to gather more users as well as create new services to extend its offerings.
FreeCharge lets users pay for their mobile recharges, DTH and utility for multiple service providers. Every day 75 million mobile recharges are done in India out of which only 3 Million are done online, so it is definitely a massive market to have captured. While the service providers do provide online payment [...]
On the occasion of completing five years Xiaomi announced that it will be joining hands with Snapdeal and Amazon as the company’s distribution partners. This means that along with Flipkart, the Mobile Store and the Bharti Airtel stores, Xiaomi products will soon be available on Snapdeal and Amazon too. We currently don’t have any information about if they’re going to stop the flash sale system just yet, though one thing is for certain – Xiaomi is here to stay.
Manu Jain, India Head of Xiaomi, confirmed the same via a tweet –
1) To mark this special occasion, we are announcing two new [...]
Remember Garmin’s Vivosmart that made a debut in September last year? It was one stylish accessory that had the qualities of an activity tracker and the smartness of a watch. The very fitness tracker is now coming to the e-commerce website Snapdeal next month.
The news has reached us from a reliable source, who confirms that Vivosmart is coming to India via Snapdeal. There is no information how much will it cost, but may be priced somewhere close to Rs. 15,000. The company has tapped into the tech enthusiasts together with the sporty audience who want a single, classy gizmo for a smartwatch, as well as a fitness [...]
JBL GO wireless portable Bluetooth speakers are now available for the Indian market, exclusively on Snapdeal. The speaker will be available for an attractive price of Rs 1,999.
The JBL GO is a square, box-like device, integrated with buttons for power, Bluetooth, volume and call answering along with a mic. It is also installed with an echo and noise-cancellation technology which works when it is connected to a phone. This ensures there would be no sound distortion while talking on the phone.
It is backed by a 600mAh battery that ensures up to 5 hours of audio playback.
This week all the major e-commerce websites are celebrating Republic Day with loads of offers and flash sales.
We’ve picked out some of the best offers from these sales for you. Check them out.1. HTC Desire 620 G – (23% off)
HTC Desire 620G Dual SIM smartphone comes with a 5-inch 720×1280 display. The budget handset is powered by a 1.7GHz processor alongside 1GB RAM and 8-megapixel rear camera. Snapdeal is offering 23% off on the handset and will cost you around Rs. 13,500.
Click here to Buy [...]