Snapdeal loss rises 5 times to Rs 1,350cr

Data accessed by TOI from Hong Kong Stock Exchange showed that Snapdeal's loss rose from around Rs 270 crore in March 2014 to nearly Rs 1,350 crore in March 2015 as the company shelled out $25 million (over 150 crore) a month as discounts and marketing expenses.

Snapdeal may not be an isolated case. The situation, industry experts say, is similar across e-commerce segment, and is not confined to India alone. For instance, Amazon emerged as the world's largest e-tailer recently and has been commanding a hefty premium even on stock markets, despite reporting a surprise profit last month after several quarters of losses.