Skip to main content

Amazon India Surpassed Flipkart and Snapdeal

Amazon India has shown its muscle power to Indian Ecommerce giants Flipkart and Snapdeal. Yes you read it right. In just 8-10 months of time, Amazon has shown that they are the world leader when it comes to Marketplace model. They have tied up with thousands of Dealer/Merchant and bringing them on-board across 20 categories. They claimed to have over 15 million products in, while Flipkart and Snapdeal have 10 million and 4 million respectively. 

Flipkart has already hit $1bn mark in revenue and Snapdeal is next in line and may reach a $1bn mark in next year or so, but you can't ignore amazon that has already exceeded in no. of products. This may be a worry for Indian poster boys of ecommerce [Binny and Sachin Bansal] along with VCs (Accel Partners and Tiger Global). Recent news/rumours about Flipkart and Myntra are going to join hand may be one of the reason to fight back with the global giant. We can't ignore this news , as out of all the VCs who have invested in Flipkart and Myntra, two of them have invested in both the venture and might have good stake.

According to a english daily newspaper , Online fashion retailer Myntra's co-founder and CEO Mukesh Bansal is open to getting a strategic investor on board, a move which could trigger a deal with Flipkart as early as this month, making it the biggest consolidation move in the Indian e-commerce market.

Consolidation is on the Card. Battle is between Top Indian Ecommerce Player Flipkart + Myntra Vs Amazon.

Stay tuned for more details. 

Popular posts from this blog

List of Online Shopping Websites in India

Looking for Best Online shopping sites in India or Top 10 ten 2016 shopping website in India. Many of you wrote to us about a post on List of online shopping sites. We tried to capture as many as possible since there are plenty of such online shopping sites and we can’t cover all. Here are few in which we are seeing some traction. This is just a list of online shopping companies in India. Whether you call it best shopping sites in India , cheap online shopping sites in India.

Please add in the list by putting names in the comment section that you think are worthy enough , we will add them. 
Below is the list.

List of Online Shopping Sites in USA

Here is a list of Best Online Shopping Sites in USA.  This is the list of  2014 Online Shopping E- commerce Website in United States of America.
Hottest U.S. Internet and Mobile Retail Sites in 2013, 2012, and 2011

Local Registration - A New Tectic for Amazon

Amazon, the giant in e -commerce is now ready with its new tactic to gain more customers. Some time before the idea put forward for “local registration” was one such preceding move to create an output that aimed at well planned establishment of the company in the mobile market. Yes, it succeeded in its attempt and came up with “Amazonlocal register”. However this time what the company renders is not the conventional style – the introduction of new mobile types or stores, but a technology that could obviously contribute to a multidimensional trustworthy money transfer mechanism.  Recently the system came to the mobile payment market, taking companies such as square and PayPal here. The label is a combination of a secure card reader, which must be purchased for US$10, and a free mobile app. Together, they offer a platform that allows businesses to accept credit and debit card payments using smart phones or tablet. The introductory fees for sign up on or before of 31 is 1.75 percent per …