DealShare shifts focus to B2C model as it relaunches operations

, By The Economic Times
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Tiger Global-backed hyperlocal ecommerce firm DealShare, which underwent significant restructuring and leadership changes, said it has relaunched operations in select cities, focusing on business-to-consumer (B2C) sales.The company, which operated a social commerce and business-to-business (B2B) distribution model, now targets value-conscious customers in smaller cities.

The move follows a turbulent phase for the Bengaluru-based firm. Dealshare shut down its B2B vertical and laid off around 230 employees in 2023 as part of a cost rationalisation…

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DealShare shifts focus to B2C model as it relaunches operations

, Published By The Economic Times
Tech

Tiger Global-backed hyperlocal ecommerce firm DealShare, which underwent significant restructuring and leadership changes, said it has relaunched operations in select cities, focusing on business-to-consumer (B2C) sales.The company, which operated a social commerce and business-to-business (B2B) distribution model, now targets value-conscious customers in smaller cities.

The move follows a turbulent phase for the Bengaluru-based firm. Dealshare shut down its B2B vertical and laid off around 230 employees in 2023 as part of a cost rationalisation…

Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
UAE Gifting Platform CADO Raises $4.5M Pre-Seed Funding to Drive Regional and Global Expansion
Next News
That Time Xi Jinping Joked About Espionage
The Economic Times

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