HomeShop18 was an Indian online and on-air shopping channel. It was previously owned by the Network 18 Group division of Reliance Industries but was closed on 24 May 2019 and sold to Skyblue Buildwell Pvt. Ltd. HomeShop18 is the only virtual retailer to have featured in businessworld list of most respected companies in India.[1]

HomeShop18
Type of site
E-commerce
(Online shopping)
Available inHindi
OwnerSkyblue Buildwell Pvt. Ltd.
Created byHomeShop
Key peopleManish Kalra
URLwww.homeshop18.in
CommercialYes
RegistrationRequired
Launched9 April 2008; 16 years ago (2008-04-09)
Current statusopen

Investors

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GS Home Shopping of South Korea, the third-largest and dominant home shopping company in the e-commerce market, has a 1.89% stake in the company. Skyblue Buildwell Pvt. Ltd. has the controlling stake of 16%.[2]

Television channel

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The HomeShop18 television channel was launched on 9 April 2008. The television network can be currently seen on cable, satellite and some terrestrial channels in India.[needs update]

It also became the country's first ever 24/7 home shopping channel to be available on DD Free Dish reach, a free-to-air direct-to-home (DTH) broadcasting platform of Prasar Bharati. The channel was made available from 1 November 2015.

Acquisitions

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HomeShop18 previously acquired two companies, namely, Coinjoos.com and Shop CJ Network. Coinjoos was acquired in 2011 and Shop CJ Network was acquired in 2017. Coinjoos was an online music and books retailer and Shop CJ Network was a home shopping channel.

Carriage

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HomeShop18 TV channel is available to all cable operators & leading DTH players except DishTV: Tata Sky-151, Reliance- 219, Airtel- 112, DD Free Dish-45.

References

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  1. ^ Chandran, Soumya (6 September 2013). "HomeShop18 is One of India's Most Respected Companies, says Businessworld Survey 2013". Cision PR Newswire.
  2. ^ About Us : Homeshop18 [full citation needed]