I may be completely ignorant but, is it weird that the biggest retailer in India has an English name?
India has the second highest number of English speakers in the world.
Walmart Beats Amazon in $15B Flipkart Battle
141–150 of 171 posts
Re: Walmart Beats Amazon in $15B Flipkart Battle
#142Earlier quoted context omitted.
we keep hearing this yet there is hardly good evidence for this. And if if occurs then more opportiunities open for their competitors.
How about cable companies? Some argue Amazon is subsidized in the same way, by having USPS shipping cheaply to the outskirts.
Cable companies have bureaucracy granted turf protection. Nonsuch exists in retail. You really ought to examine the business model of Amazon
Re: Walmart Beats Amazon in $15B Flipkart Battle
#143Earlier quoted context omitted.
The only place on the internet I read about Amazon's supposed counterfeit problem is on HackerNews. I buy everything on Amazon, and I've never had this problem. Do you have any data to back up this claim?
Well, “I’ve never had this problem” doesn’t mean it doesn’t exist. From a quick search (says “Apple Computer”, but tell me if that’s really made by Apple or not): https://www.amazon.com/gp/aw/d/B0787CFNRQ/ref=mp_s_a_1_3?ie=...
I never said it didn’t exist. I asked for data. In a marketplace as large as Amazon’s finding a single example isn’t indicative of a wide spread problem.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#144Walmart 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.
And I'd add that a high price hurts Walmart more than Amazon. Amazon's market cap is 3x Walmart's. Amazon has $31 billion in cash and short-term investments; Walmart has about $7 billion. On top of this, presumably Walmart will be investing heavily in expansion. I think Walmart's stinginess is also an important point here. At this price, plus the additional money they put in, a good ROI gets harder. Bezos has never r…
"Google-parent Alphabet Inc. is likely to participate in the investment with Walmart, said one of the people"
Walmart is getting help.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#145Earlier quoted context omitted.
Regarding the last para, my experience had been the opposite. Whenever I enter my pincode in Flipkart, it would say we don't deliver to your area (which is a small town). Amazon and eBay didn't have any issues. All the items I tried to buy were no bigger than a home router. I contacted Flipkart 2-3 times about it over the last 3+ years. They just gave a generic response that we are trying to expand or something.
What you are reporting is correct and I can understand a customer's frustration due to it. But what you are saying is not the opposite of what I am saying. You are saying: Flipkart is weak at delivering small items to small towns. I agree with this. I am saying: Flipkart is strong at delivering large items to small towns and Amazon is weak at that. Do you have examples where Flipkart did not deliver a large item (cer…
Flipkart was not delivering a Dell monitor worth rs 30000 to NOIDA which adjoins capital New Delhi. Purchased it from Infibeam.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#146Earlier quoted context omitted.
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.
From India, wish there was a way to separate, cheap products (yes, I can filter via price) and counterfeit products to get some high-quality products (albeit at a higher price point). So many of my recent decisions have been offline because I can't figure out which products are high quality. ex:- phone charger (the quick charge one, wire tears in days), infusion water bottle (breaks in months), Bluetooth earphones (T…
Same thing with Amazon in the US. I want a metal water bottle with a flip-top lid but I can't find any in my local stores. I find them on Amazon, but the reviews always say "I didn't get the brand, I got a counterfeit product" so I haven't bought one yet.
I ended up paying $30 extra for my backpack I bought recently because I didn't trust the Amazon items were real after reviews saying they were counterfeit. And these are Prime items, sold by the manufacturer, but they're stilling coming counterfeit.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#147Earlier quoted context omitted.
How about cable companies? Some argue Amazon is subsidized in the same way, by having USPS shipping cheaply to the outskirts.
USPS negotiates rates with companies that engage in bulk transactions at scale. The claim that Amazon is ripping off the USPS is... well that's "fake news": > [Amazons] rates are kept under wraps. That said, we do know the Amazon deal is at least a break-even venture. > That’s because the 2006 Postal Accountability and Enhancement Act made it illegal for USPS to price parcel delivery below its cost. http://www.politi…
I didn't read it as "Amazon is ripping off the USPS" but rather "Amazon is benefiting from the USPS needing to deliver everywhere in the US, even places where UPS wouldn't deliver".
I live three blocks from the post office, my grandma lives 25 miles and down a dirt road from her nearest post office. It's hard to argue that my deliveries cost the same as hers, yet we pay the same price for postage.
--edit: I hold no opinion either way on the subject, just clarifying based on what I understood from reading it.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#148Earlier quoted context omitted.
I'm going to assume you aren't in the US because that simply isn't true here. Amazon is quite often not the lowest price. And, while they do still seem to be quite liberal with "send it back and we'll refund plus ", that doesn't matter if you can't get a genuine product because of all the counterfeits.
The only place on the internet I read about Amazon's supposed counterfeit problem is on HackerNews. I buy everything on Amazon, and I've never had this problem. Do you have any data to back up this claim?
I said the same thing a year ago. I didn't believe Amazon had counterfeit products, I'd never had one, I could tell fake from real, everyone is just buying sketchy shit and should know better. I didn't believe it one bit.
Then within the last year I've started receiving probably one out of five products being very blatant fakes. I only order Prime items and only sold from the manufacturer and only brand name, but I still get counterfeit items. It's actually driven me back to retail stores for items where I 100% need to get the real thing.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#149The title says Walmart beats Amazon in a battle. Then in the article it says: "Flipkart’s board ultimately decided a deal with Walmart is more likely to win regulatory approval because Amazon is the No. 2 e-commerce operator in India behind Flipkart and its primary competitor. Amazon is out of the running unless Walmart hits unforeseen trouble." Doesn't sound like a battle to me.
It was a battle because Amazon went to the table to negotiate knowing they would not win. Their entire reason for entering the negotiations was to drive up the price for Walmart.
You don't have to win every battle to win the war.
Re: Walmart Beats Amazon in $15B Flipkart Battle
#150Earlier quoted context omitted.
USPS negotiates rates with companies that engage in bulk transactions at scale. The claim that Amazon is ripping off the USPS is... well that's "fake news": > [Amazons] rates are kept under wraps. That said, we do know the Amazon deal is at least a break-even venture. > That’s because the 2006 Postal Accountability and Enhancement Act made it illegal for USPS to price parcel delivery below its cost. http://www.politi…
I didn't read it as "Amazon is ripping off the USPS" but rather "Amazon is benefiting from the USPS needing to deliver everywhere in the US, even places where UPS wouldn't deliver". I live three blocks from the post office, my grandma lives 25 miles and down a dirt road from her nearest post office. It's hard to argue that my deliveries cost the same as hers, yet we pay the same price for postage. --edit: I hold no o…
"Amazon is benefiting from the postal service's reliable, universal delivery" seems like one of those stock phrases we tout out as to why investing in infrastructure is a good idea.