I thought Amazon was beating Flipkart, coupled with the Prime membership Flipkart would lose out eventually. Not sure Walmart is making the right investment here.
Walmart Beats Amazon in $15B Flipkart Battle
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Re: Walmart Beats Amazon in $15B Flipkart Battle
#72Flipkart is losing to Amazon.in right now. I think that Softbank is smartly offloading a possible loser to Walmart/Google here at close to peak valuation. Maybe Google/Walmart can turn it around though. https://www.alexa.com/siteinfo/flipkart.com https://www.alexa.com/siteinfo/amazon.in
Well, this does not give the correct picture on the ground. Flipkart is bigger than amazon here. They have fashion portal called https://myntra.com and new fintech play called PhonePe. They are biggest player in fashion and white goods including smartphones. And smartphones are huge in India. A big percentage (I don't know the split) of smartphones sold in India gets sold online and majority (50+%) on Flipkart. https…
Just got to flipkart.com and amanzon.in,
see the detailed reviews on a handful of products and see the prices. General Amazon wins.
they may have PhonePe but is that a winner? PayTM dominates.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#73Flipkart is losing to Amazon.in right now. I think that Softbank is smartly offloading a possible loser to Walmart/Google here at close to peak valuation. Maybe Google/Walmart can turn it around though. https://www.alexa.com/siteinfo/flipkart.com https://www.alexa.com/siteinfo/amazon.in
Just using both sites (on desktop, and yes its a mobile first country) Amazon.in generally beats Flipkart on product selection, price, number of product reviews, and search results.
Can Flipkart succeed? maybe but 2 years from now if they didn't have this buyout I think they would have be a for sure in 2nd place. FK needed Walmart as much as Walmart thinks it needs FK.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#74Walmart was forced to pay $15 Billion by Amazon, I think. Amazon-India is already a force to reckon with in India. They have a ton of customer love in India, and they are killing it. There is no reason for them to buy Flipkart. They did the required to hurt their competitor by feigning interest. Bezos is a master at deception. Well played, Bezos and Flipkart investors. Stingy Walmart has to cough up more money.
That may be so, but now that it can afford it, Amazon has every intention of becoming a monopoly in the markets it enters. It's why they bought the #1 retailer in the Middle East, too: http://www.latimes.com/business/technology/la-fi-tn-amazon-s... People love Amazon now, but I think it's time to fear it. They're already in bed with governments for multi-billion contracts, and are aiming for monopoly power. They won'…
> I think it's time to fear it.
as a consumer, i agree. but so do a lot of companies.
Run down the list of private sectors that spend the most on information technology -- health care, banking, retail, insurance -- and all of them worry Amazon is coming for them.
https://www.bloomberg.com/gadfly/articles/2018-02-15/worried...
Re: Walmart Beats Amazon in $15B Flipkart Battle
#75Re: Walmart Beats Amazon in $15B Flipkart Battle
#76What if Walmart and Google actually teamed up? Google technology powering Walmart's supply chain? I wonder how competitive they'd end up actually being vs Amazon.
Haven't they already? A few weeks ago I tried Google Express, and I really liked it, in general. I could get an order from CostCo, WalMart, Target, and others, over night for free if I ordered $35 or more. I ordered at noon on Friday and got the shipment by 10am Saturday. This last week, Amazon announced they are increasing Prime to $120/year, and I started thinking about whether I needed Prime. For video, Amazon is…
> Haven't they already?
Yes. I think so.
Walmart Inc. and Google last August made it easier for people to shop from Walmart using Google's voice-activated home speakers. Similar partnership announcements followed between Google and other Amazon rivals including EBay Inc. and Target Corp.
https://www.bloomberg.com/gadfly/articles/2018-02-15/worried...
Re: Walmart Beats Amazon in $15B Flipkart Battle
#77Good?
Amazon needs some more major competition.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#78I may be completely ignorant but, is it weird that the biggest retailer in India has an English name?
Re: Walmart Beats Amazon in $15B Flipkart Battle
#79India is now poised to be the only country in the world with a two way fight between Amazon and Alibaba. Three way if you consider Walmart.
This is crazy! As we all know, online retailers are killing local businesses, in US it might make sense because the profit goes to another sector of economy, Amazon is going to hire more developers and invest in other products that in long run might not be total lose for the whole economy! what a country like India is going to gain by letting American and Chinese companies destroy her local businesses and take the pr…
This is what concerns me the most. If Walmart does to India what it did in US, it will destroy the lives of a lot of people in India. Also, India should try to be self sufficient as much as possible. Instead, we seem to be letting in foreign companies more and more killing any chance of an organic growth environment for Indian companies. Considering that Americans do not want Indian companies to sell their products in US (IT companies), it becomes even more surprising that our government would let such things to happen.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#80I may be completely ignorant but, is it weird that the biggest retailer in India has an English name?
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