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Tag: Flipkart
Ola’s Aggarwal, Bhati Lowest-Paid Unicorn Founders, Yet Raked In Millions
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Snapdeal Pay Hike: Face-Saving Gimmick Or Bid To Retain Talent?
Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, is reportedly giving out pay hikes of up to 15% to its employees even as talks of its merger with India’s biggest e-commerce company Flipkart are fast progressing. Sanchit Vir Gogia,…
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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…
Indian Startups Should Focus On Sustainability, Stop Chasing Unicorn Tag
The next company that is being greenlighted to enter the prestigious Unicorn club of startups is Oyo Rooms, a SoftBank-backed budget hotel aggregator. On Oyo’s likelihood of becoming a unicorn, Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, said…
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The Metric That Indian Startups Once Swore By Is Now Being Blamed For All The Sector’s Ills
Till a few years ago, profitability received the step-child treatment from Indian e-commerce entrepreneurs. “While startups did extremely well by using their public relations muscle to ensure that GMV becomes the industry’s darling, it’s no more than a cover up…
Here’s The Scary Truth: Almost Every Major Indian Startup Has Made The Same Mistakes As Snapdeal
India’s bustling startup ecosystem is in a state of hysteria as e-commerce major Snapdeal implodes. “I believe other startups will follow suit and by March more layoffs will be announced in other firms. There isn’t any choice. Companies will have…
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
What Flipkart’s New CEO Hire Tells Us About The Future Of India’s Startups
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…
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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]
The New Era Of Startups
The startup ecosystem has become a hot topic for all and sundry. They have taken off and matured because of various factors such as availability of funding, consolidation activities by a number of firms, evolving technology space and a burgeoning…
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…
Satyam Bansal Exits Flipkart
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.…
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
From $15.5 Billion To $5.5 Billion: It’s The Year Of Devaluations But Flipkart’s Not Losing Sleep
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…
How It Made Itself Indian: The Amazing Rise Of Amazon In The Country
“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…
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Want To Buy Property In Delhi, Mumbai, Bangalore, More; Soon, Try Amazon.in
Want to buy property in Delhi, Mumbai, Bangalore, Pune, Gurgaon and more? Read on. Amazon, last year did two online property events to advertise their property. One with Tata Housing and the other one with Magic Bricks. Housing.com, Magic Bricks…
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After Roti and Kapda, Amazon Bets On Makaan
Jeff Bezos-led Amazon, which is breathing down Flipkart’s neck in India, is likely to soon list houses and apartments, or run promotional campaigns to generate leads for real estate firms, a top company source said. The company may take a…
‘Prime’ Isn’t Just For Faster Deliveries, It Has Got More In Store, Says Amazon
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
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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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…
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