Category India

Flipkart

Why the Battle Between Flipkart and Amazon Has to Be a Battle Between Marketplaces

Because of Indian laws, the battle between Flipkart and Amazon (and Alibaba via Paytm) is a battle of marketplaces. Ben Thompson at Stratechery on the regulatory particularities regarding the Indian market (paywall): The Indian government forbids foreign direct investment in retailers that sell directly to consumers; therefore Amazon (by virtue of being owned by Amazon, […]

eBay

What the Flipkart Deal Means For eBay

Economic Times on the new partnership between eBay and Flipkart and the sale of eBay India: eBay.in will continue to operate as an independent entity within Flipkart and the deal is expected to close later this year, the company said. The Bengaluru-based e-tailer has also signed an exclusive cross-border trade agreement, as a result of […]

Flipkart

Flipkart Acquires eBay India and Raises $1.4Bn from eBay, Tencent and Microsoft

The new financing round we had talked about here, is official now. Economic Times: India’s largest e-commerce marketplace Flipkart has announced a $1.4 billion fundraise from new investors Tencent, eBay and Microsoft. This is the largest fundraising round for Flipkart that has raised around $4.6 billion from investors like Tiger Global Management, Naspers Group, Accel […]

Fight for India Intensifies: Flipkart May Buy Snapdeal, and May Merge With eBay India

There are rumors going around for a while now that Snapdeal is in talks with rivals Flipkart, Paytm for a potential sale: Online marketplace Snapdeal is in talks with domestic rivals Paytm E-Commerce Pvt Ltd and Flipkart for a potential sale, Indian daily business newspaper Mint reported on Wednesday, citing sources. ​There seems to be […]

Fight For India: Alibaba Goes Paytm, Snapdeal Cuts Costs, Flipkart Cuts Merchant Fees

The biggest news from India over the last couple of days has been Paytm getting $200 million from Alibaba and SAIF Partners. Reuters: Alibaba.com Singapore E-Commerce Pvt Ltd picked up a 36.31 percent stake in Paytm E-Commerce for investing $177 million, according to a regulatory filing by the Indian company that runs an online marketplace. […]

Amazon vs. Alibaba

Fight for India: What Alibaba Plans Against Amazon

Great analysis on the pros and cons for Alibaba in the coming battle with Amazon in India at Tech in Asia: For one, Alibaba owns the mobile browser that comes preloaded on many Chinese smartphones (which also get sold in India): Last month in Alibaba-owned UCWeb’s headquarters in Guangzhou, I got a glimpse into its […]

Fight for India: Flipkart is Planning Private Labels While Still Ahead of Amazon And More

Tech in Asia: India’s Flipkart launched its first self-branded products, dubbed Flipkart Smart Buy, in December, focusing on phone chargers and data cables.+ The aim is to gain higher margins for the Amazon arch-rival, which in turn could help with profitability. Internally codenamed Project Ice, Sachin is planning to make self-branded items in more than […]

Flipkart

Tiger Global Wants Flipkart to Be IPO-Ready By 2018/19. But What’s the Growth Strategy?

This Reuters report at The Business of Fashion confirms many rumors around Flipkart and the recent CEO and executive reshuffle: “The trigger (for the reshuffle)… was repeated mark-downs in its valuation by the fund units of Morgan Stanley and Fidelity,” said one source familiar with investor discussions. The person said investors, led by Tiger, were […]

Flipkart

Flipkart Is in Turmoil, as the Company Tries to Grow Up

Mentioned briefly earlier, Kalyan Krishnamurthy is the new CEO of Flipkart, replacing co-founder Binny Bansal. It is not just the second CEO in as many years for Flipkart. This move is also seen by many as Flipkart investor Tiger Global (from which Krishnamurthy is coming) trying to get a tighter grip on Flipkart. Flipkart itself […]

Flipkart

The Race Between Flipkart and Amazon is Getting Close

Times of India has gathered some numbers on how Flipkart and Amazon in India are doing: Amazon has led Flipkart in terms of app downloads throughout the year, but Flipkart is holding on to its leading position in the e-commerce battle, according to data from various tracking platforms. While Amazon led Flipkart in PC visits […]