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Sanchit Vir Gogia, Founder & CEO of the Digital Transformation Research and Advisory firm Greyhound Knowledge Group points out that earlier e commerce firms used to depend on reactive analytics like push based email campaigns but over the years the…
Read More How To Drive E-Commerce Business Through Predictive Analytics
Online retailer Flipkart is now following global pioneers like Amazon and Google to build its own servers and networks. The move is aimed at creating a platform that responds to specific requirements. The decision to build its own servers follows…
Read More Flipkart Follows Google, Amazon Into The World Of Secret Servers
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 |
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…
Read More Should Flipkart & Amazon Watch Out For Ecommerce Competition From Walmart?
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…
Read More Why A Deal With Snapdeal Is A More Logical Choice For Flipkart Than Amazon
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…
Read More Should Flipkart & Amazon Worry About Walmart’s Entry Into E-tail Market?
Indian e-commerce giant Flipkart, which has asked around 400 of its 33,000-strong workforce to leave the company on grounds of non-performance, said the move was in line with industry practices. Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound…
Read More Layoffs Are In Line With Industry Practices: Flipkart
Amid concerns of Indian startups’ financial health, Flipkart – the country’s largest e-commerce firm – put 300-600 employees on a performance improvement plan that might result in layoffs. “Market correction has impacted e-commerce firms. This is beyond regular attrition. Downsizing…
Read More Amid E-retail Crisis, Flipkart Puts 300-600 Employees On Road To Layoffs
There was a time when Jabong was such a sought-after startup that some were even willing to pay $1.2 billion for it. On July 26, e-commerce major Flipkart acquired Jabong for $70 million—lesser than any of the bids reportedly made for…
On July 26th, Gaurav Alagh, a former journalist turned entrepreneur, was having a bit of a bad day and he was getting rilled up on Twitter. His navy blue polo T-shirt hadn't come in, which he had ordered from fashion…
Read More How Jabong Dropped The Ball In Its Battle With Myntra
As oracle programmers rewrite fresh codes for its cloud services, the company is scripting a new history. It is transforming itself into a cloud-first company. Some industry watchers might argue that it is a tad late in entering the realm of…
aPM Narendra Modi’s highly ambitious Digital India Program completes a year of its existence today. In the last one year, several initiatives were announced by the government – from the launch of MyGov.in portal to BharatNet and E-sign to Wi-Fi…
Read More One Year On, What’s Plaguing Digital India’s Success?
Snapdeal recently expanded their e-commerce marketplace to include more service offerings through a ‘one-of-a-kind partnership’ with Zomato, Cleartrip, UrbanClap, and redBus. Now in a recent interview with Livemint, Kunal Bahl, CEO, Snapdeal, said that the company is now focusing on…
Read More “Snapdeal is well-positioned to turn profitable in the next 2-3 years”- Kunal Bahl, CEO
On June 8, American e-commerce major Amazon announced an additional $3-billion investment in India, making clear its intention to win in the country. This throws up a massive challenge for all homegrown e-commerce companies, among which Snapdeal could be hurt the…
At 148 years old, India’s salt-to-steel conglomerate Tata Group wants to get hip and cool. So, for its first big gamble on India’s booming e-commerce space, the group says it will only sell Camels—that’s short for “certified authentic merchandise everybody loves”—on its…
Read More Coming Soon To A Website Near You: The Carnage Of Indian E-commerce
India’s biggest technology startups are finally getting a taste of devaluation. For the last couple of years, India was flooded with venture capital money, which helped several tech companies become unicorns—startups valued at over $1 billion. But now, some of…
In April, on-demand grocery delivery service PepperTap shut shop. Recently, online beauty services provider Amber Wellness, which was operating in Bangalore, New Delhi and Mumbai, closed down. But these are not isolated cases. In 2015, around 13 startups closed operations.…
Read More The Real Reasons Behind Indian Startups Shutting Down
The government’s foreign direct investment norms for e-commerce marketplaces issued on Tuesday may prove to be a dampener for consumers due to the clampdown on pricing freedom for marketplace operators and lack of adequate post-sales safeguards. “Exact numbers are not…
The first ever move from an Indian e-commerce company to list on the stock exchange is in a “grave” position. Literally! High expectations are the mother of all disasters, which was why the “high-valuation” narrative was rejected by Indian retail…
Read More Infibeam: Rock-a-bye baby the e-commerce cradle rocks, but the bough breaks, it falls
Amidst the growing cacophony of e-commerce start-ups announcing plans to raise capital, what goes unnoticed is the fate of many others that struggle to mop up funding after the initial seed round. The past 6-8 months have witnessed a complete…
Read More Starting Trouble: A Dull Investment Climate For Start-ups
Based out of Rajasthan, Pritam Maheshwari is a furniture manufacturer who retails his goods on an e-commerce portal in India. When he ships his product to Bengaluru, he has to pay Value Added Tax (VAT) in Rajasthan and entry taxes…
The new paradigm of user and customer experiences is to look at the simplest, smallest, and lowest powered platforms first, and those who are doing so are reaping the benefits of expanded markets and simpler tools. MobileFirst is a customer…
Read More Developing mobile-first for a better customer experience
The Mahindra Group is drawing up a digital and ecommerce strategy and has hired Jaspreet Bindra, an angel investor and former CEO of Askme.com, to helm the initiative, as India's oldest business houses begin to seriously tap technology. "Certainly, digital…
Read More Jaspreet Bindra to helm Mahindra Group’s digital, ecommerce plan
The Mahindra Group is drawing up a digital and ecommerce strategy and has hired Jaspreet Bindra, an angel investor and former CEO of Askme.com, to helm the initiative, as India's oldest business houses begin to seriously tap technology. "Certainly, digital…
Read More Jaspreet Bindra to helm Mahindra Group Ecommerce Plan
Garnering funds is not difficult for Indian companies. Retaining ownership of companies is. Private equity (PE) and venture capital (VC) funds are only too happy to come on board, but they like to secure their exit route as they invest.…
As many as 12 big retailers, including Future Group, Landmark, Shoppers Stop and Globus, met Commerce Minister Nirmala Sitharaman in New Delhi on Wednesday and pitched strongly against the Union government’s proposal to grant 100 per cent foreign direct investment…
Read More Online Retail Chains Lobby Minister Against 100% FDI In ECommerce
The online travel sector comprises more than 50 per cent of the e-commerce industry in India, which is currently estimated to be in the range of US$ 11-16 billion. Given its size and high levels of user acceptance, this segment…
India is in the throes of an entrepreneurship revolution with online start-ups getting the support of both consumers and venture capitalists. Over the years a large number of online travel start-ups have entered the fray to cash in on the…
After signing up for ‘Airtel Zero’ platform last week, online e-commerce firm Flipkart yesterday decided to move out of the deal with country’s top operator Bharti Airtel following massive backlash in support of net neutrality. “The massive competition in this…