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Online marketplace Snapdeal is reportedly planning to scale down operations in its regional offices including Bangalore, Mumbai, Calcutta and Hyderabad. Earlier in January 2016, Snapdeal reported a loss of INR 1,328 Cr. on revenue of INR 938 Cr. in FY 14-15. However a Snapdeal spokesperson refuted the reports, saying “Snapdeal strongly denies the ET report ( […]
The post Trouble in Paradise? Snapdeal To Retrench Operations In Regional Offices appeared first on Inc42 Media.
