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Indians are way behind the USA, when it comes to severance package doled out to the CXOs. Compared to 3-5% Indians getting the severance pay as a safeguard clause in their contracts, it’s almost 60-70% in the USA. The scenario…
Read More Indian CEOs Are Far Behind The US Ones In Severance Pay Packages
Departing Infosys CFO Rajiv Bansal's hefty severance package was one of the central issues in the row that broke out between the company's founders and its board, but East is far behind the West in offering so-called golden parachutes to CXOs.…
Read More Golden Parachutes Start To Land In Indian Tech CXO Contracts
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…
Read More Is Flipkart Clawing Back In The Game Against Amazon?
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…
Read More Tony Navin Quits Snapdeal In A Series Of Top-Level Exits
At 43, Vijay Shekhar Sharma’s energy level is palpable, as he danced on “Malhari” the song from actor Ranveer Singh’s movie Bajirao Mastani, at the annual Paytm event. But Sharma forgot that in the era of internet, on which Paytm’s…
Read More Dance Of The Damned: Is The Paytm Founder Celebrating Too Soon?
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…
Read More Flipkart, Amazon, Snapdeal Losses Could Have Paid For Printing Notes After Demonetisation
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
A year after Binny Bansal replaced his co-founder Sachin Bansal as CEO, Flipkart has yet again undergone changes in its management structure. India’s largest online marketplace announced its head of category design Kalyan Krishnamurthy as the new CEO, while Binny…
Read More What Flipkart’s New CEO Hire Tells Us About The Future Of India’s Startups
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
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]
The biggest change for technology startups came on November 8, when the government announced its decision to ban currency notes of Rs 500 and 1,000. Suddenly technology became a large driver for commerce. While retail sales in pockets dropped up…
Read More Funds Dried Up And Valuations Fell: The Year That Was For Startups
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…
Will Amazon’s newly-launched SVOD platform Prime Video spell a turf war? Over-the-top players and market analyst note that content, pricing and ease of payment will be a key strategic area for consumers to shift preferences. India’s OTT market already has…
Read More Streaming Movies Space Sizzles With Amazon’s Entry
The global battle between Netflix and Amazon for a larger share of TV and movie viewership is all set to play out in India. Eleven months after Netflix launched its services in India, e-commerce giant Amazon has now launched its…
Read More On A Screen Near You: The Amazon Versus Netflix Battle
Satyam Bansal, Chief of Staff for Executive Chairman and co-founder of Flipkart Sachin Bansal exits Flipkart after a three year stint to join Hotstar, an online video streaming platform, as its Senior Vice President – Partnerships & Distribution, in Mumbai.…
After facing a poor run of its private-label initiative earlier, the country’s leading e-commerce player, Flipkart, is making a second attempt at launching them across several categories, in a major push for higher revenues. Sanchit Vir Gogia, Chief Analyst and…
Read More Flipkart Tries Its Luck With Private Labels The Second Time
Click to see the video https://www.facebook.com/cnbctv18india/videos/1199544183416311
India’s most valued internet company has been devalued—yet again. In one of the most drastic markdowns for Flipkart so far, one of its investors, a mutual fund managed by Morgan Stanley, slashed the Bengaluru-based e-commerce major’s value to just $5.54…
With increasing digitisation in India, cloud computing technology provider Salesforce along with its partners plan to add 5 lakh jobs by 2020. New digital technologies can monitor and analyse how equipment runs at a customer site, service providers can offer…
In today’s time, while leading with Digital is evident, who owns this transformation still remains a bone of contention. This journey needs to be co-owned by those who will be impacted first – the CXOs. Having said that, the starting point…
Read More Leading With Digital – Why This Transformation Matters For Traditional Orgs and Its CXOs
“This is just the beginning… we are building the most customer-centric company based on a large selection, low prices and fast delivery,” says Amit Agarwal, head of Amazon India. “E-commerce is so fast you cannot afford to make too many…
Read More How It Made Itself Indian: The Amazing Rise Of Amazon In The Country
An old lady runs through the narrow corridors of a slum, chasing two thieves, who had apparently robbed her bag. Twenty seconds into the chase, the old lady grabs them and hits them on to the ground. The video ends…
Amazon is encouraging customers to sign-up on Prime, its premium membership service, which is essentially the US-based e-commerce giant’s biggest loyalty program. And the hook is faster deliveries. “It becomes a e-commerce platform of choice once you have purchased a membership,”…
Read More ‘Prime’ Isn’t Just For Faster Deliveries, It Has Got More In Store, Says Amazon
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
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…
Read More Tips To Make Online Shopping A Truly Rewarding Experience
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…
Read More What will Indian E-Commerce Companies Do To Win This Festive Season?
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
The e-commerce discount wars for the festive season will begin soon. Snapdeal has geared up for it with a change in logo and slogan. The change has been brought about, explains Kunal Bahl, Co-Founder and CEO, to "enable users to…
Read More Snapdeal Whips Up Excitement: Will This Festival Season Be A Game Changer For E-Comm?
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
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
