Online marketplace ShopClues on July 20 rolled out AdZone, a bidding platform for merchants to promote products using native and custom ads on it. This is expected to impact the company’s bottom line significantly and contribute to 35% of the overall revenue for the company, officials said. The s…
Tag: Radhika Aggarwal
Shopclues acquires Bengaluru-based startup Momoe
Online marketplace ShopClues, the newest member of the billion-dollar valuation club, has acquired Bengaluru-based startup Momoe as it looks to build a payments business. The deal will also help ShopClues establish an office in the startup capital and all five Momoe founders are expected to join …
Flea market gives Paytm, Shopclues a high
Online marketplaces ShopClues and Paytm have said consumers in small towns and cities are fuelling their weekly ‘flea market’ sales. Flea market gives Paytm, ShopClues a high; strategy helps them differentiate from larger firms The strategy of a Sunday ‘flea market’— where…
Online marketplace shopclues drops regional operations, eyes cities for growth
Online marketplace ShopClues is looking to expand its seller base and make intra-zonal shipments the norm to speed up deliveries and reduce logistics cost, a move that comes at a time when etailers are seeking to fulfill orders faster than their competitors as discounts take a back seat. “W…
Shopclues eyes companies in the ad-tech, payments and analytics space
Shop-Clues is scouting for payments, analytics and ad-tech companies to buy, leaning on acquisitions primarily to strengthen its seller network to trump over its rivals. The online retailer only recently laid claim to being a billion-dollar startup but has been quick to outline aggressive plans t…
Shopclues opens up its bulk factory for consumers
ShopClues, a managed marketplace has announced the launch of its Bulk Factory campaign for businesses and consumers alike. Shoppers can now buy products from a wide range of categories in larger quantities to avail wholesale rates starting from Rs 51 only. Last year, ShopClues had launched the &#…