It’s almost 5 years and we saw huge traction in online
buying. Industry is new. But players are many. In-store retailers are also making
an appearance on Internet. Investors have already put money in e-commerce. In
2009 – USD 105 million, In 2010 – USD 111 million and In 2011 – USD 908
million. Nobody is willing to miss the bus. The result – we have hundreds of
etailers evolved within no time. Many of
them have received huge funding from common investors. Top lines of many tier-1
retailers are growing multifold year on year but bottom line is getting a
hit. Reason is Intense competition and
every company is trying to grab the customers resulting in huge marketing cost
and upfront discount. This is the driving force for many investors to Consolidate
– join the two firms into one. The benefit – it will lower down the fixed cost
and improve operational efficiency.
The list of Recent Acquisitions
Acquirer
|
Acquiree
|
Flipkart
|
Letsbuy
|
Snapdeal
|
Grabbon, Esportsbuy
|
Yebhi
|
Stylishyou.in
|
Myntra
|
SherSingh, Exclusively.in
|
HealthKart
|
Madeinhealth
|
Fashionandyou
|
UrbanTouch
|