Home Shop 18
HomeShop18 is an Indian online and on-air shopping channel. Previously, it was owned by the Network 18 Group division of Reliance Industries. But, now it was closed by Network 18 Group on 24-05-2019. According to close sources, there is a news of re-opening of HomeShop18 with a new name in the year 2021.
 | |
Type of site | E-commerce (Online shopping) |
|---|---|
| Available in | Hindi |
| Owner | Skyblue Buildwell Pvt. Ltd. |
| Created by | HomeShop |
| Key people | Manish Kalra |
| URL | www |
| Commercial | Yes |
| Registration | Required |
| Launched | 9 April 2008 |
| Current status | Closed |
Investors
GS Home Shopping of Korea, the third largest and dominant home shopping company in e-commerce market, has a 1.89% stake in the company. Skyblue Buildwell Pvt. Ltd. has the controlling stake of 16 %.[1]
Television channel
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.
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 has been made available from 1 November 2015.
Acquisitions
HomeShop18 has 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. The Shop CJ acquisition deal was worth around $27.4 million.
Carriage
HomeShop18 TV channel is available to all cable operators & leading DTH players: Tata Sky-151, Dish TV- 118, Reliance- 219, Videocon- 124, Airtel- 112, DD Free Dish-45.
References
- About Us : Homeshop18