Amazon is here to stay
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After reporting losses amounting to 30+Cr ( http://www.business-standard.com/article/compan... ) amazon now gradually shifting towards new seller its none other than Cloudtail India
Cloudtail
http://www.amazon.in/shops/A14UQ4H1...90
TO
Cloudtail India
Paytm is not just e-commerce. they were the first to understand the importance of e-wallet and make it their prime vertical and even go for a banking licence. They also were the first to take hold of the opportunity provided by the RBI-Uber tussle. So yes, paytm can go a long way.
When compared to Metro cash and carry, Grofers is mostly costlier. But its USP lies in the ease of ordering and home delivery.
Amazon is a worldwide giant, so a few crores here and there will not make a dent. In India amazon is a late entrant. but it has already made its mark among the customers by its superior service. it has the best customer care. Also Amazon is a major stake holder in Quickcilver. And Quickcilver is a practical monopoly in gift cards in India, across all chains.
@amey_dev143 wrote:
FK and SD are kids in front of Amazon.
Amazon was launched in 1994. SD in 2010 and FK in 2007.
Amazon has been long enough to know how to survive and crush their competitors.
Most of the dimers prefer Amazon anyway
Dimers don’t prefer any single company. If, tomorrow, the neighborhood shop started offering me more discounts, I’ll shop there. It is savings that matters, not the company.
@arasrinivasan wrote:@amey_dev143 wrote:
FK and SD are kids in front of Amazon.
Amazon was launched in 1994. SD in 2010 and FK in 2007.
Amazon has been long enough to know how to survive and crush their competitors.
Most of the dimers prefer Amazon anyway
Dimers don’t prefer any single company. If, tomorrow, the neighborhood shop started offering me more discounts, I’ll shop there. It is savings that matters, not the company.
+1
Of Course Quality matters but the matter of fact is: ‘The More the Merrier.’
Amazon is popular E-commerce store. It create large revenue in every year.
Now Cloudtail Mumbai
https://www.amazon.in/sp?_encoding=UTF8&asin=&i...=
Next Cloudtail Bangalore?
Been tracing them from 200 Crores valuation to 27000 Crore valuations/funding