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After riding out multiple pivots from a pure-play marketplace, Snapdeal’s latest focus is creating mass brands in fashion and lifestyle for the value-conscious customer.
Have a look 👇🏻 @snapdeal@rohitkbansal
“We decided to focus on three distinct things—first was to operate in the lifestyle segment across fashion, footwear, accessories, beauty and personal care, and home categories,” says Himanshu Chakrawarti, President at Snapdeal.
Snapdeal licenses its brands under Stellaro to select sellers who are required to comply with brand standards, and the company holds the brand rights and IP.
Here are some of the brands that are listed 👇🏻
And here’s why investors around the world are pouring millions of dollars every year into this billion-people opportunity:
1. Demographics of the Future
The upcoming billion creators & consumers are younger. This adds to the risk tolerance levels.
2. Next billion are mobile/digital natives
The next set of users are super comfortable with mobile tech & it’s fascinating to see what can be built.
3. Automation & Turnaround Time
With advancements in tech, inefficiencies will be pruned. While just 5 years ago, everything took 12-15 business days, products get delivered within a day now.
Elon Musk's "best and final" offer to purchase @Twitter at $54.20 per share has been accepted by the #Twitter board. In total, he will be paying $44 billion in cash. 💸
.@jack Dorsey, Co-founder & former CEO of #Twitter, said that he believes Twitter should not be owned by anyone. However, he did believe that Musk was a "singular solution" that he could trust.
Musk responds by praising Twitter's ability to be a digital town square & plans to increase features, make algorithms open-source & authenticate all humans.
#Twitter's share price is $51.70, only dollars off Musk's final offer of $54.20 per share.
Can Indian #OTT go beyond Hotstar, Netflix & Amazon Prime Video? Here are the top "pureplay" regional video-streaming platforms gaining popularity across the country.