Rediff.com India Pvt. Ltd (NASDAQ: REDF) (“Rediff” or “the Company”), an India-based internet company which delivers digital content and ecommerce marketplace services, has announced the “Year End Happiness Sale”.Users coming to Rediff.com to consume news content and communication services can avail of online shoppingdiscounts on its marketplace across a variety of categories such as ethnic and western apparels for men and women, accessories, gadgets, jewellery, kitchen and home essentials, as well as toys from top brands. The sale will be held between the 9th and 16th December 2015.
The online marketplace offers a range of innovative products including electric bikes and cycles and free shipping available on over 90 lakh books and 20 lakh products.
“With the holiday season, Christmas and the New Year around the corner, this is our biggest online shopping sale of the year. To cater to user demand we have ramped up our delivery system enabling delivery to over 29,000 PIN codes across the country,” said Vivek Sharma, Vice President, Rediff.com India Ltd.
Rediff also has introduced an exciting promotion for the Non-Resident Indian (“NRI”) audience. This year, Rediff’s platform allows for the purchase of gifts and gift vouchers for NRI family and friends currently living in India. The online shopping company offers gift coupons and experience vouchers from brands like Shoppers Stop, Lifestyle, Pizza Hut.
About Rediff.com
Rediff.com (NASDAQ: REDF) is an India-based internet company which delivers digital content and ecommerce marketplace services. Founded in 1996, Rediff.com is headquartered in Mumbai, India with offices in New Delhi, India and New York, USA.
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Except for historical information and discussions contained herein, statements included in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and reflect our current expectations. Forward-looking statements are identified by certain words or phrases such as “may”, “will”, “aim”, “will likely result”, “believe”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”, “project”, “should”, “will pursue” and similar expressions or variations of such expressions. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements. These risks and uncertainties include but are not limited to the slowdown in the economies worldwide and in the s
ectors in which our clients are based, the slowdown in the Internet and IT sectors world-wide, competition, success of our past and future acquisitions, attracting, recruiting and retaining highly skilled employees, technology, acceptance of new products and services, the development of broadband Internet and 3G networks in India, legal and regulatory policies, managing risks associated with customer products, the wide spread acceptance of the Internet as well as other risks detailed in the Form 20-F and other reports filed by Rediff.com India Limited with the U.S. Securities and Exchange Commission. Rediff.com India Limited and its subsidiaries may, from time to time, make additional written and oral forward looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. Rediff.com India Limited does not undertake to update any forward-looking statement that may be made from time to time by or
on behalf of the Company.
CONTACT: Mandar Narvekar, Rediff.com India Ltd., Tel.: +91-22-6182 0000 Extn. 138, Email: investor@rediff.co.in; Philip Carlson and Elizabeth Barker, KCSA Strategic Communications, Tel. 212-682-6300, Email: rediff@kcsa.com
