Friday, February 5, 2016

February 5, 2016 - After Paytm and Snapdeal, Alibaba now eyes stake in Flipkart for larger India e-commerce pie

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Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
As I write from Bangalore (Microsoft Ventures), I see 2 very interesting trends from all the startups I spoke to. There's real innovation happening - it's moving from consumer apps to AI, there's IoT, there's B2B innovation, there's B2C innovation. This is great for India. And thanks to Tiger and Softbank and Alibaba to have triggered this at such speed. However, the moment you ask anyone about revenues, out come the vanity metrics - transaction volume, GMV, etc. Startups are well-trained in this too now. So, the dependency on funding and future rounds of funding is big as almost no one is even close to profitability. This puts several of these companies at risk. We should see a lot of consolidation happening in 2016. - Comment


Digital
After Paytm and Snapdeal, Alibaba now eyes stake in Flipkart for larger India e-commerce pie
After Paytm and Snapdeal,  Alibaba now eyes stake in Flipkart for larger India e-commerce pie - Techstory
Share on FacebookShare on Twitter 4 February, 2016, New Delhi: After backing up two of India’s top online giants (Snapdeal and Paytm), Alibaba group now eyes at country’s another largest online market place, Flipkart. According to the report, Alibaba Group is exploring the acquisition of a stake in India’s largest Internet firm Flipkart Ltd., reports ...


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Finance
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Finance
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Software
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Software
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Software
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Ecommerce
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Ecommerce
Hyperlocal mobile marketplace Zopper ties up with instant messaging platform Viber to offer customers new ways to engage
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Ecommerce
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HR
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HR
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HR
India's rural jobs schemes under MGNREGA discriminatory under poor states?
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Logistics
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