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Snapdeal Claims to Become Yet Another ‘First E-Comm Firm to Turn Profitable’

Snapdeal Claims to Become Yet Another ‘First E-Comm Firm to Turn Profitable’

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In an interview with Aveek Datta, a Columnist associated with The Financial Express, Snapdeal’s CEO Kunal Bahl said that “We will surely be the first e-commerce company to turn profitable in India because of the business model we follow and our commitment to it.” Bahl states Snapdeal has taken a conscious decision to stay away from diversifying into developing and selling private labels and stocking inventory, like some of its peers.

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