Snapdeal operates an e-commerce marketplace model and generates revenue through various sources. It started as a daily deals and coupons site before pivoting to its current model. Revenue comes from direct sales on its website and apps, affiliate networks, social media sales, and advertising from companies. Snapdeal has acquired other companies like Grabbon and Esportsbuy to expand its product catalog and owns various other marketplace sites. The business model involves marketplace commissions, seller fees, advertising, and payment processing through its subsidiary FreeCharge.