Online marketplace ShopClues has narrowed its losses to Rs 208 crore for the year ended March 2018 compared to the previous fiscal.
ShopClues said its revenues have grown by 60 per cent this fiscal, while losses have been trimmed by almost 40 per cent compared to the previous year.
ShopClues today said it has seen strong uptake of its private label business and expects its four brands to account for about 12 per cent of total revenue this fiscal.
According to recent data from Indeed, four unicorns - Snapdeal, PayTM, ShopClues and Flipkart - make up around 90 percent of all job postings.
Online marketplace ShopClues has narrowed its losses to Rs 332.65 crore for the year ended March 2017 compared to the previous fiscal.
E-commerce player Shopclues has joined hands with the state's MSME Development Institute to impart training on online selling to traditional weavers and artisanshere.
While Flipkart will run the 9-day offer for fashion products, Shopclues will have a week-long one for electronic accessories, fashion and more.
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
Board Meeting On April 19 To Consider Various Bids Received
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment