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Snapdeal will make profits in 2 years says Kunal Bahl

Snapdeal will make profits in 2 years says Kunal Bahl

Tuesday, February 7, 2017, 9:39 AM

Kunal Bahl CEO of Snapdeal says, Indian e-commerce firm Snapdeal expects to turn profitable in next two years, as the company cuts costs and boosts efficiency in a market currently dominated by Flipkart and US Internet giant Amazon. Snapdeal reported loss of Rs 2,960 crores in the financial year to 31 March 2016, according to regulatory filings, but Bahl said they were steadily improving.
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