Tag: Snapdeal
Photo: Google
Indian eCommerce Companies Are Losing Out To Amazon…
Amazon, the US based eCommerce powerhouse has gained massive scale and share in only 3 years at the expense of Flipkart, Snapdeal and other smaller Indian eCommerce companies. Over one year ago, Amazon's share by gross market value (gmv) was 15% while Flipkart's share was around 45%, but in the… Read More
Photo: Google
Flipkart, Snapdeal, Amazon – No Discounts But Massive Sales
We are in the midst of the biggest festival season and shopping season. Consumers were waiting for the BIG sales and even BIGGER discounts. The "sales" which got started even earlier did NOT have the big discounts leaving consumers both anxious and disappointed. Looks like the only winners are the… Read More
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Photo: WSJ
INDIAN E-COMMERCE COMPANIES MAKING MILLIONS & CRORES OF LOSSES EACH MONTH … IS THIS SUSTAINABLE?
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… Read More
