Hot Deal

Amazon omits India business in earnings, a first in years

605°
Pro Tech Guru
raghupro

Amazon omitted any reference to India in Thursday’s earnings call and release, a notable change for the e-commerce giant that has consistently highlighted rapid growth and bullish outlook in the South Asian market.

The absence of India in the Q1 2023 quarterly earnings and investor call, the first since early 2014, follows Amazon’s shutdown of multiple services, including food delivery and wholesale distribution, in the country, prompting many analysts to wonder if the American giant is scaling back operations in the country amid global restructuring.

Amazon has poured over $7 billion into its India operations over the last decade and competes aggressively with Walmart-backed Flipkart. Amazon is lagging Flipkart and struggling to make inroads in smaller Indian cities and towns, according to a report by Sanford C. Bernstein.

Its global rival Walmart, in contrast, is doubling down on India and has spent close to $2.5 billion in the country this year alone.

Source: Techcrunch

Expired
Top Comments
Benevolent Benevolent
Link Copied
Expand
kukdookoo wrote:
Bezos owns the washington post newspaper which the current government does not like. He asked time to meet modi during his last India visit but he was not given any time. Idiot miniters like goyal due to pressure from association of offline shops speak so much venom against ecommerce websites but they forget about fk and go after amazon only, walmart pays huge money for their offline stores to directly to some states btw. They are not getting approvals to launch many things. Shutting down cloudtail etc.whom did it help? Only the associations which they need for votes. And lastly some misusers here are next level. @Snapz @Ash-D 

Edit- They were planning to launch Amazon air I think in 16 or 18 but the plan was scrapped due to some draconian laws. Ultimately whom it would have helped?
Bezos deserves, no regrets
Washington post, BBC are poison - very biased anti hindu
Benevolent Benevolent
Link Copied
raghupro wrote:

Unsure if there is something to read between the lines from the earnings call or not but this seems to be interesting. 

Bezos owns the washington post newspaper which the current government does not like. He asked time to meet modi during his last India visit but he was not given any time. Idiot miniters like goyal due to pressure from association of offline shops speak so much venom against ecommerce websites but they forget about fk and go after amazon only, walmart pays huge money for their offline stores to directly to some states btw. They are not getting approvals to launch many things. Shutting down cloudtail etc.whom did it help? Only the associations which they need for votes. And lastly some misusers here are next level. @Snapz @Ash-D 

Edit- They were planning to launch Amazon air I think in 16 or 18 but the plan was scrapped due to some draconian laws. Ultimately whom it would have helped?
Deal Subedar Deal Subedar
Link Copied

Most of the people in smaller cities prefer Flipkart,may be their ui plus most of them still believe Flipkart is an Indian company

With shopsy Flipkart has penetrated to the 3rd tier cities

My own sister has never placed any order on Amazon

75 Comments  |  
26 Dimers
  • Sort By
Pro Tech Guru Pro Tech Guru
Link Copied

Unsure if there is something to read between the lines from the earnings call or not but this seems to be interesting. 

Deal Subedar Deal Subedar
Link Copied

Most of the people in smaller cities prefer Flipkart,may be their ui plus most of them still believe Flipkart is an Indian company

With shopsy Flipkart has penetrated to the 3rd tier cities

My own sister has never placed any order on Amazon

Benevolent Benevolent
Link Copied
raghupro wrote:

Unsure if there is something to read between the lines from the earnings call or not but this seems to be interesting. 

Bezos owns the washington post newspaper which the current government does not like. He asked time to meet modi during his last India visit but he was not given any time. Idiot miniters like goyal due to pressure from association of offline shops speak so much venom against ecommerce websites but they forget about fk and go after amazon only, walmart pays huge money for their offline stores to directly to some states btw. They are not getting approvals to launch many things. Shutting down cloudtail etc.whom did it help? Only the associations which they need for votes. And lastly some misusers here are next level. @Snapz @Ash-D 

Edit- They were planning to launch Amazon air I think in 16 or 18 but the plan was scrapped due to some draconian laws. Ultimately whom it would have helped?
Generous Generous
Link Copied

Amazon stopped Amazon Fresh services in most tier 2 and tier 3 towns. 

India mein Ambani ji Amazon ko jeene nahi denge. 😅


Benevolent Benevolent
Link Copied
Expand
kukdookoo wrote:
Bezos owns the washington post newspaper which the current government does not like. He asked time to meet modi during his last India visit but he was not given any time. Idiot miniters like goyal due to pressure from association of offline shops speak so much venom against ecommerce websites but they forget about fk and go after amazon only, walmart pays huge money for their offline stores to directly to some states btw. They are not getting approvals to launch many things. Shutting down cloudtail etc.whom did it help? Only the associations which they need for votes. And lastly some misusers here are next level. @Snapz @Ash-D 

Edit- They were planning to launch Amazon air I think in 16 or 18 but the plan was scrapped due to some draconian laws. Ultimately whom it would have helped?
Bezos deserves, no regrets
Washington post, BBC are poison - very biased anti hindu
Benevolent Benevolent
Link Copied
Expand
caks2006407 wrote:
Bezos deserves, no regrets
Washington post, BBC are poison - very biased anti hindu
So, shutting down cloudtail, not allowing amazon air is fine? Most politicians in developed countries are anti hindu but they rollover red carpets for them. 
Benevolent Benevolent
Link Copied
Expand
kukdookoo wrote:
So, shutting down cloudtail, not allowing amazon air is fine? Moat politicians in developed countries are anti hindu but they rollover red carpets for them.
cloudtail changed itself into many small entities right? I read long back
Amazon Air - even Airasia could not survive - draconian laws for all outsiders

Benevolent Benevolent
Link Copied
Expand
caks2006407 wrote:
cloudtail changed itself into many small entities right? I read long back
Amazon Air - even Airasia could not survive - draconian laws for all outsiders

Yes, but wouldn't you prefer cloudtail over cocblu?

You are comparing a logistic only airline with a passenger airline, check the differences between the two and the laws which covers them both here.
Like Magnet Like Magnet
Link Copied

Idk why even though I have no bias I still prefer Flipkart over Amazon most of the times. Unless the price is better on Amazon.

Deal Cadet Deal Cadet
Link Copied

Bezos fucked around and found out. 

Logon ko bas aise govt chahiye jo goron ke aage jhuk jaye.


And Amazon air launched in January 23. 

Pro Community Angel Pro Community Angel
Link Copied
Original wrote:

Amazon stopped Amazon Fresh services in most tier 2 and tier 3 towns. 

India mein Ambani ji Amazon ko jeene nahi denge. 😅


Amazon fresh is completely dependent on More supermarket now .

And their stores in smaller cities are either very less or not capable of handling the load . The delivery diameter has also decreased significantly.

Pro Community Angel Pro Community Angel
Link Copied

Only from online shopping POV, Flipkart has an inferior UI in my opinion . There are so many small sellers selling the same item , mostly in case of unbranded products .

I can't select good sellers like retailnet directly , need to manually look for each and every product. Returns are a pain with Flipkart ,Amazon has also changed a bit on this aspect but still better

Flipkart has done well with the supercoin ecosystem to gather attention though

Deal Cadet Deal Cadet
Link Copied
Expand
kukdookoo wrote:
So, shutting down cloudtail, not allowing amazon air is fine? Moat politicians in developed countries are anti hindu but they rollover red carpets for them.
As far as I know  Amazon Air launched  in Jan 23. Am I wrong?
Benevolent Benevolent
Link Copied
Expand
MrThanos wrote:
As far as I know  Amazon Air launched  in Jan 23. Am I wrong?
Yes you are. Google.
Finance Mentor Finance Mentor
Link Copied
androgame wrote:

Only from online shopping POV, Flipkart has an inferior UI in my opinion . There are so many small sellers selling the same item , mostly in case of unbranded products .

I can't select good sellers like retailnet directly , need to manually look for each and every product. Returns are a pain with Flipkart ,Amazon has also changed a bit on this aspect but still better

Flipkart has done well with the supercoin ecosystem to gather attention though

Amazon is loosing in most aspects. 

In electronics - fk is far ahead -

In grocery - jiomart and big basket way ahead. 

Amazon subsidiary MORE now launched its own app with free delivery. So fresh need to to phased out. 

In fashion and accessories - Amazon is way behind others. 

Payment platform not able to penetrate lot. 

Deal Cadet Deal Cadet
Link Copied
Expand
kukdookoo wrote:
Yes you are. Google.

Yeah there are multiple articles that says  Amazon Air launched in India  in Jan 23.

Can you please share any source for your claim?

Pro Community Angel Pro Community Angel
Link Copied
Expand
Bk100 wrote:

Amazon is loosing in most aspects. 

In electronics - fk is far ahead -

In grocery - jiomart and big basket way ahead. 

Amazon subsidiary MORE now launched its own app with free delivery. So fresh need to to phased out. 

In fashion and accessories - Amazon is way behind others. 

Payment platform not able penetrate lot. 

Yeah, i was fully talking of UI. Discounts have shrunk like anything for online shopping. I have slowly started shifting back to offline.

Only grocery is the one category that is fully online currently (instamart and bigbasket mainly). Rest everything is mixed now.

Deal Newbie Deal Newbie
Link Copied

Amazon is way better than Flipkart in customer care service.

Deal Newbie Deal Newbie
Link Copied

Amazon and Flipkart both need some improvements in strategies with the Indian market. Offline association protests are common in most of the countries they operate.But at the end, customer satisfaction and demand matters.If demand is not there or people prefer other stores , why would anyone expand its operations??But still in current market, amazon is better in customer service and Flipkart is better in marketing and electronics category

Deal Cadet Deal Cadet
Link Copied

Amazon stopped delivering grocery in my city but Flipkart started. Fine with me but I always preferred Amazon over Flipkart because of better return policy but now my whole online shopping shifted from Amazon to Flipkart. Now even if price is same in Amazon and Flipkart, I go with Flipkart because of supecoins. I also like Flipkart plus concept.

Benevolent Benevolent
Link Copied
Expand
MrThanos wrote:

Yeah there are multiple articles that says  Amazon Air launched in India  in Jan 23.

Can you please share any source for your claim?

Share source of your claim first, check your source 20 times before posting here
Finance Mentor Finance Mentor
Link Copied
Expand
kukdookoo wrote:
It was on testing purposes,dgca never gave all India approval for the likes of 737 etc. Amazon also tested drone deliveries but mass approval was not given

Where is the source for this claim? Amazon official site and kt rama rao telling different story. 

Deal Cadet Deal Cadet
Link Copied
Expand
kukdookoo wrote:
It was on testing purposes,dgca never gave all India approval for the likes of 737 etc. Amazon also tested drone deliveries but mass approval was not given

https://www.aboutamazon.in/news/operations/amaz...

Now please use your google and tell us the source where it is mentioned that it was only for testing purpose and it is not operating now.

Deal Cadet Deal Cadet
Link Copied

Bhai mujhe Amazon ka user interface hi ni smj may ata na acha lgta , never i placed any order on amazon

Anyone agree ?

Benevolent Benevolent
Link Copied
Expand
Bk100 wrote:

Where is the source for this claim? Amazon official site and kt rama rao telling different story. 

Dost will post the same tomorrow, no light here charging low. 1 kam kar sakte ho to verify right now, download any radar tracking app, head to commercial planes and see how many 737, 47 etc. are doing logistic deliveries here + @MrThanos
Finance Mentor Finance Mentor
Link Copied
Expand
kukdookoo wrote:
Dost will post the same tomorrow, no light here charging low. 1 kam kar sakte ho to verify right now, download any radar tracking app, head to commercial planes and see how many 737, 47 etc. are doing logistic deliveries here + @MrThanos

Source -

Believe my words. Don't belive Amazon or k t rama rao tweet. 

Deal Subedar Deal Subedar
Link Copied

Amazon was great until 2 years ago but they stopped discount offers and Amazon Pay offers too. Now they are looking like trying to be jack of all trades but master of none.

replyuser
Click here to reply
Reply