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 …
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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
When Wedding Planning Is More Like Online Shopping
After users complete an online questionnaire that asks for their desired location and guest count, the website presents a selection of venues and booking packages. At a minimum, packages typically include an officiant, a photographer for one hour and the ability to invite up to 20 guests. For an additional cost, couples can invite 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 …