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Tag: Amazon
Is This Flipkart’s Last Fundraise On Road To IPO?
India’s largest e-commerce company Flipkart’s recent fundraise of $1.4 billion (around Rs 9,000 crore), the biggest-ever in the country’s burgeoning consumer internet sector, has undoubtedly filled its coffers for now, but it also begs some important questions. Will this be…
Will Amazon’s Food Retail Foray End BigBasket’s Reign At The Top?
Seattle-based e-tailing giant Amazon.com, Inc has sought government approval to enter India’s food-retailing sector with investments totalling $515 million (Rs 3,368 crore) over the next five years. The company, which is already the number 2 player in India’s fast-growing e-commerce…
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Cognizant Layoffs: Gloom Continues, Jobs In Tech And IT Companies Dry Up
Cognizant, the New Jersey-headquartered software services company with most of its operations in Chennai, is likely to lay off 6,000-10,000 “ redundant and non-performing” employees. “When global competition stepped in, Indian companies went through multiple levels of devaluation – for example…
Read More Cognizant Layoffs: Gloom Continues, Jobs In Tech And IT Companies Dry Up
India’s E-Commerce Groups Urge To Stop Alibaba
A decade after allowing Amazon to start what would become India's largest online marketplace, Flipkart co-founder Sachin Bansal appealed for government protection against his former employer. "Alibaba could approach the e-commerce unit as a complement to Paytm's core business, hoping…
How Start-Ups Die Plop!
Start-ups, the playfield of the young and the restless, have had a hard reality check. Sanchit Vir Gogia, Founder & CEO, Greyhound Knowledge Group, calls 2016 “a year of anxiety” for Indian start-ups, with “a much-needed market correction” that saw…
India’s 3rd Biggest E-Commerce Firm Snapdeal Is Cutting 600 Jobs, And There Could Be More To Come
The e-commerce industry in India has received another blow. On Wednesday, India’s third biggest e-commerce firm Snapdeal announced that it will be laying off employees. Though the company refrained from giving out exact numbers of people to be given the…
Is Flipkart Clawing Back In The Game Against Amazon?
In early signs of a reversal in fortunes, Flipkart has outrun rival Amazon India in gross sales in two consecutive months, after trouncing the US-based ecommerce company with its Big Billion Day sales in October. The Indian ecommerce giant recently…
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Tony Navin Quits Snapdeal In A Series Of Top-Level Exits
Top-level exits continue at Snapdeal, India’s third largest e-commerce company, as Tony Navin, head of partnerships and strategic investments, decided to move on after a seven-year stint. Navin’s exit comes in quick succession of two other bigwigs -- Abhishek Kumar…
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Flipkart, Amazon, Snapdeal Losses Could Have Paid For Printing Notes After Demonetisation
Funded by foreign investors and parent companies, India’s leading e-commerce firms -- Flipkart, Amazon and Snapdeal -- have increased its losses by 51% in just one year to Rs 11,754 crore, to fund growth and dole out discounts to gain…
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Losses of Flipkart, Amazon & Snapdeal would have allowed ISRO to go to Mars 24 times
At Rs 11, 754 crore, the combine losses of ecommerce majors Flipkart, Amazon and Snapdeal is almost equal to the annual budget of the Indian Space Research Organisation (ISRO). "To be able to curtail losses, it is critical for these…
Read More Losses of Flipkart, Amazon & Snapdeal would have allowed ISRO to go to Mars 24 times
Change At Flipkart To Set Precedence For Global Investors In India
Below are some of the latest tweets on this topic. Read a more updated thread by clicking on any of the tweets from below. https://twitter.com/s_v_g/status/818641623621869569 https://twitter.com/s_v_g/status/818641826546520064 https://twitter.com/s_v_g/status/818642669559693313 https://twitter.com/s_v_g/status/818644002027122689 https://twitter.com/s_v_g/status/818654417964568578 https://twitter.com/anshoo_n/status/818678717270478848
投资无回报？印度多个电商平台面临亏损问题
据美国石英网12月27日报道，亚洲第三大经济体印度的电子商务零售商正努力弥补企业亏损。 据报道，在投资者投入百万资金后期待回报之际，Flipkart、亚马逊等电商企业采取积极投放广告和打折促销的方式来吸引消费者。但截止2016年3月31日的年度财务报告显示，许多在线零售商虽然收入大幅增长，但是亏损也在增加。 “我对这些亏损不是太担忧，”研究咨询公司“Greyhound Research”首席分析师兼首席执行官Sanchit Vir Gogia说，“我真正担心的是这些公司的产品质量以及管理。比如说，如果他们的产品销售额增加了，那么生产成本也会增加，从而导致亏损，这种情况是让我非常担心的。” [Source1] | [Source2] | [Source3] | [Source4] | [Source5] | [Source6] | [Source7] | [Source8] | [Source9] | [Source10] | [Source11] | [Source12] | [Source13]
For All Their Stellar Sales Figures, India’s E-commerce Firms Are Also Struggling With Mounting Losses
E-tailers in Asia’s third-largest economy are in fix. With investors demanding results after pouring in millions worth of funding, companies such as Flipkart and Amazon have resorted to aggressive advertising and discounting to attract customers. But while that has paid…
Impact Of Flipkart’s Devaluation On Indian Startups: Insights By Greyhound Research On CNBC TV18
Click to see the video https://www.facebook.com/cnbctv18india/videos/1199544183416311
印度迎来十月节日大促，各大电商却无法烧钱打折？
往年的节日大促中，印度电商狂打“价格战”，商品价格甚至低至1卢布。今年，资本寒冬和政策变动让印度电商的日子不太好过，玩好十月开始的大促季显得困难重重。作者 | 路遥印度的销售旺季一般从10月拉开帷幕，到排灯节（每年10月或11月中）左右达到最高峰。往年，印度电商都会用巨额折扣吸引消费者，但今年三月印度出台的电商新政禁止电商打折促销，扰乱市场价格。 咨询公司Greyhound Research的首席研究员 Sanchit Vir Gogia表示：“今年各大电商都在改进技术，备战节日促销。希望他们今年别再犯同一个错误了。” 今年，Flipkart和Snapdeal的官网大促从10月2日开始到10月6日结束，拉长的促销日或许能让他们控制好网站流量。 重重束缚在身，今年印度电商该如何在节日促销旺季突出重围？Quartz建议，印度电商不妨尝试将高利润和低利润的商品混搭销售。Gogia认为：“消费者可能会见到不少品牌类混搭。电商平台会将服务绑定产品，以确保获得利润。” Source: Weixinduba.comWeixinduba.com | chuansong.me
Tips To Make Online Shopping A Truly Rewarding Experience
It's past midnight. Rick and Nina sit glued to their laptops, waiting to hit the ‘Buy Now’ button. The online Pre-Christmas sale will start any minute and they are hoping to buy their favourite gadgets at less than half the…
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What will Indian E-Commerce Companies Do To Win This Festive Season?
On October 2, leading Indian e-commerce companies will kickstart their annual festive season sales. The three months starting October are crucial for both offline and online retailers in India as they account for some 40% of the annual consumer durables…
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Wal-Mart, Flipkart Deal Talks: $1 Bn Is A Pittance But Retail Giant May Be Just Testing The Waters
India’s retail space dominated by home-grown market leader Flipkart, with Jeff Bezos-founded Amazon following it, is being infused with increased funding if one were to go by news reports that Wal-Mart is pumping in $1 billion into Flipkart. Sanchit Vir…
Snapdeal Turns Into Your Shopping Assistant To Survive E-commerce Battle
In order to break away from the herd of e-commerce players who fight on discounts, faster delivery and selection, Snapdeal wants to be your shopping assistant. “Kunal (Bahl) has shown very progressive mindset by proposing the use of predictive and…
Read More Snapdeal Turns Into Your Shopping Assistant To Survive E-commerce Battle
Snapdeal Has A New Logo But It Needs More Than Just Cosmetic Surgery
Snapdeal, one of India’s largest e-commerce firms, is giving itself a brand makeover—the second time in six years. Increasingly losing relevance among customers, “Snapdeal has been having an identity crisis for the last couple of years,” Sanchit Vir Gogia, chief…
Read More Snapdeal Has A New Logo But It Needs More Than Just Cosmetic Surgery
Flipkart To Sack 800 More Amidst Gloomy Biz Outlook
After sacking 400 “under-performing” employees in July, the country’s top etailer Flipkart is learnt to be in the process of letting go of 800 more employees. The e-commerce major plans to “out-place” half of these employees, while the rest will be…
Read More Flipkart To Sack 800 More Amidst Gloomy Biz Outlook
收購Jet.com之後，沃爾瑪想在印度電商市場放手一博
近日，全球最大零售巨頭沃爾瑪以30億美元現金和3億美元沃爾瑪股票的價格收購了美國電商公司Jet.com。該筆交易將推動沃爾瑪電商業務的發展，使其在電商領域更具競爭力。此次沃爾瑪收購Jet.com將幫助該公司更接近電商業務的終極目標：擊敗亞馬遜。雙方在電商領域的較量會影響到印度嗎？ 而IT行業研究諮詢公司Greyhound Research的CEO戈吉亞（Sanchit Vir Gogia）並不認同斯里瓦斯塔瓦的看法，他認為沃爾瑪需要花費一段時間才能走出美國市場，公司的當務之急在於平穩地完成對Jet的收購。 Source: hksilicon.com | cnad.com | weiot.net | wxrw123.com |
Should Flipkart & Amazon Watch Out For Ecommerce Competition From Walmart?
With the acquisition of Jet.com, the year-old US based ecommerce startup, Walmart Stores Inc. made its way into ecommerce. Its entry into the lucrative online retail market came at an expense of $3 billion (to acquire Jet.com). On the other…
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Why A Deal With Snapdeal Is A More Logical Choice For Flipkart Than Amazon
India’s e-commerce industry could see a major shake-up if online retailer Snapdeal’s preliminary conversations with local rival Flipkart and US-based Amazon to explore a possible merger make any headway. But a Flipkart-Snapdeal merger is a more likely scenario than a…
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外媒：加码Paytm 阿里巴巴将推天猫印度
8月15日消息，据印度斯坦时报（hindustantimes.com）报道，阿里巴巴正和印度最大移动支付和商务平台Paytm商议，将全资收购或持股后者旗下的电商平台Paytm Mall。 “一旦这种情况发生，阿里巴巴能够获得Paytm Mall很大一部分。阿里巴巴在印度就不用从头开始了。”Greyhound Research的首席分析师Sanchit Vir Gogia说。 Source: China.com | 10jqka.com.cn | Yinhang123.net | ebrun.com | toutiao.com | Colabug.com | dgju.com | rizhuan300.com | peng-yuan.com | chinaef.com |
据传阿里巴巴欲全资收购Paytm Mall，或更名为天猫印度站
雨果网从外媒近日报道中了解到，阿里巴巴很快就要跟亚马逊印度站和Flipkart竞争了。 有消息指出，阿里巴巴已经同Paytm的所有人Vijay Shekhar Sharma讨论全资收购或拥有Paytm旗下Paytm Mall的大部分股份。 市场调研公司Greyhound Research的首席分析师Sanchit Vir Gogia表示：“阿里巴巴可以轻松拿下Paytm Mall较大的股份，这样阿里巴巴就不用从头开始印度的业务。” Source: CIF News
Should Flipkart & Amazon Worry About Walmart’s Entry Into E-tail Market?
World’s largest retailer Walmart Stores Inc. has finally entered the e-commerce business with the acquisition of a one-year old startup Jet.com. Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound Knowledge Group, feels that Walmart will take time to move out…
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Alibaba Eyes India Market, In Talks To Take Control Of Paytm Mall
China’s internet giant, the Jack Ma-controlled Alibaba, might soon start competing with Amazon and Flipkart in India as it eyes new markets to hit Ma’s target of two billion users. Alibaba, which posted quarterly revenue of $4.84 billion on Thursday,…
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After China Sellout, Uber May Now Sharpen Its Focus On India, Look For Buyouts
Uber has created a bump in its tracks with Didi Chuxing, the global giant's arch rival in China buying out its operations there. The combined entity is now valued at $35 billion, according to news reports. The buyout is a jolt in…
Read More After China Sellout, Uber May Now Sharpen Its Focus On India, Look For Buyouts