Certain patterns or trends of ecosystem are rising which may help web based e-commerce business organizations turn out to be more reasonable after some time.
This move by the company can act as a catalyst for its business. It will help the firm to climb up the ladder and to come head to head with Amazon India.
GoJavas, the logistics company backed by ecommerce entity Snapdeal, will now offer local delivery services for businesses such as grocers, supermarkets and drug stores, leveraging a network it created to enable customers to return goods ordered online.
After acquiring one of India's biggest start-ups, New Delhi-based online marketplace Snapdeal is all set to dominate India's $3 billion eCommerce industry.
Data and statistics of 2014-2015 FY (Financial Year) are out and the Delhi based online marketplace Snapdeal aims to sell apparel worth $2 billion by the end of next FY. This is thrice the number as compared to what they sold last year.
Online eCommerce giant Snapdeal is in talks with logistics firm GoJavas in a bid to acquire the company at an estimated amount of Rs 150-200 crore. Besides, the e-tailer is all set to hire 1000 employees for the upcoming quarters.