Flipkart Bubble Burst Earlier Than Expected - 0 views
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meheksharma on 09 Dec 16Internet era just started in India and expect to get better with every passing day. All credit goes to enhanced wireless network supported by lower tarrif rates. Exactly a year back that Indian e-commerce is in bubble. The darling of Indian e-commerce is Flipkart, number one player in India catched every eyeball given their virtual growth. The late entrant and experienced competitor Amazon played it hard supported with their well tested e-commerce ecosystem. Flipkart at one end kept raising funds at beyond expectation valuation whereas deep pocketed Amazon decided to pour in billions of $ into their processes.
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meheksharma on 09 Dec 16please see this article