Snapdeal Set to Raise Prices

The Economic Times - - Front Page -

Snapdeal is set to in­crease prod­uct prices in cat­e­gories such as fash­ion as well as raise com­mis­sions it charges from mer­chants as it bat­tles mount­ing losses and ex­penses, re­ports Payal Gan­guly. The on­line mar­ket­place is also pre­par­ing to lay off more than 1,000 em­ploy­ees.

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