Walmart Beats Amazon in $15B Flipkart Battle
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Walmart Beats Amazon in $15B Flipkart Battle
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Re: Walmart Beats Amazon in $15B Flipkart Battle
#2SoftBank. Tencent. The world is increasingly being controlled by a handful of companies.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#3SoftBank. Tencent. The world is increasingly being controlled by a handful of companies.
SoftBank is the one selling though, no?
Re: Walmart Beats Amazon in $15B Flipkart Battle
#4Re: Walmart Beats Amazon in $15B Flipkart Battle
#5Walmart 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.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#6Fascinating that
1 - google is going to participate in the purchase. Clearly a defensive move v amazon.
2 - us companies will now own the 1 & 2 positions for ecommerce in India. Start difference w China and somewhat surprising given Indias excellent engineering and biz culture
Re: Walmart Beats Amazon in $15B Flipkart Battle
#7Walmart 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.
I agree with amazon killing it. I used to shop both on flipkart and amazon. Now I just shop on Amazon. At some point I just stopped checking flipkart.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#8What 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.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#9Fascinating that 1 - google is going to participate in the purchase. Clearly a defensive move v amazon. 2 - us companies will now own the 1 & 2 positions for ecommerce in India. Start difference w China and somewhat surprising given Indias excellent engineering and biz culture
US companies are going to be aggressive to make sure India doesn't end up like China to them.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#10Flipkart 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.