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Jack Of All Trades: What Really Happened To Hike Messenger?
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An Indian Unicorn Admits It Screwed Up And Is Rebooting With Layoffs
In the rush to grow rapidly, several Indian startups have over the last year ventured into areas not directly related to their core businesses. For instance, in December 2017, ride-hailing startup Ola acquired food-delivery startup Foodpanda and e-commerce major Flipkart is reportedly in…
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Are Job Cuts At Snapdeal A Precursor To Its Merger With Alibaba And Paytm?
If Snapdeal follows the rule of the game, the company would deny any kind of merger talks with rival Paytm, or with investor Alibaba, unless a deal is concluded, at least verbally. “It will offer a new lease of life…
Read More Are Job Cuts At Snapdeal A Precursor To Its Merger With Alibaba And Paytm?
India’s 3rd Biggest E-Commerce Firm Snapdeal Is Cutting 600 Jobs, And There Could Be More To Come
The e-commerce industry in India has received another blow. On Wednesday, India’s third biggest e-commerce firm Snapdeal announced that it will be laying off employees. Though the company refrained from giving out exact numbers of people to be given the…