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Month: September 2022

Onboarding Flipkart, Amazon may provide ONDC scale and credibility: report

Onboarding some of the larger incumbents early might actually provide ONDC the much-needed scale as well as credibility with buyers and sellers, it said. The best-case scenario for ONDC – the government’s ecommerce initiative – would be to work along with incumbents Amazon and Flipkart, JM Financials has said in a report. This, despite Open …

Onboarding Flipkart, Amazon may provide ONDC scale and credibility: reportRead More

Amazon is struggling in India unlike Reliance, Meesho says wealth management firm Bernstein

Amazon marked a spectacular entry into India in 2013 and not just because Jeff Bezos sat atop a colourful truck or it invested $7 billion into the market. India is one of the biggest emerging ecommerce markets globally, estimated to reach $130 billion by 2025. Almost ten years later, its success is being questioned by a wealth management …

Amazon is struggling in India unlike Reliance, Meesho says wealth management firm BernsteinRead More

Profitability remains elusive for Amazon in India, despite $6.5-billion investment: Bernstein

Brokerage firm expects the e-commerce market in India to grow at an annual rate of 30 percent to cross $130 billion by 2025 Even after making investments of $6.5 billion in India through the last eight years, profitability remains elusive for the e-commerce major in the country with negative EBITDA margins of 5-10 percent, according …

Profitability remains elusive for Amazon in India, despite $6.5-billion investment: BernsteinRead More

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