INDIAN E-COMMERCE COMPANIES MAKING MILLIONS
Photo: WSJ

INDIAN E-COMMERCE COMPANIES MAKING MILLIONS & CRORES OF LOSSES EACH MONTH … IS THIS…

India's eCommerce market should hit USD 11 billion or nearly Rupees 73,000 crores by year end. There is intense fight for market share and dominance among the well known players. However, most if not all companies are bleeding crores of losses each month. Per estimates, Amazon is losing an estimated Rupees 170 crores each month, Paytm is is losing an estimated Rupees 100 crores each… Read More

  • http://www.wsj.com/articles/indias-e-commerce-startups-throw-caution-to-the-wind-1449867619
  • 16 Dec 2015
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