Walmart confirms purchase of 77% of Flipkart in $16B deal
- O
- Om
- gMJ
- 11 May 2018
Vary sad news for Indian.Now American company's domenat our Indian Online market.
- k
- kingping
- XRm
- 10 May 2018
AnonD-558092, 10 May 2018You underestimate the potential of American companies. They... moregovt of india had already made regulation for walmart so that they dont kill local market.
they have to buy 50% goods from india for manufacturing. and few other things.
- ?
- Anonymous
- GX3
- 10 May 2018
viveksubhash, 10 May 2018Lol wafer thin margins?? You might be talking about small e... moreE-commerce is about more than electronics, and small shops are the ones that make up bulk of the sales in India. You can't undercut them and secure much profit, unlike the U.S where retail chains rule the roost.
- ?
- Anonymous
- ut@
- 10 May 2018
viveksubhash, 10 May 2018Lol wafer thin margins?? You might be talking about small e... moreYes, and those are the volume movers in India. Their profit margins are wafer thin compared to retail chains in a developed country like USA.
- v
- viveksubhash
- HsE
- 10 May 2018
Anonymous, 09 May 2018They are taking huge losses anyway. No e-commerce platform ... moreLol wafer thin margins?? You might be talking about small electronics or mobile phone stores..
- D
- AnonD-558092
- r7b
- 10 May 2018
Anonymous, 10 May 2018Exactly. That part really scares me. First they'll sell muc... moreFuture is e-stores. So either a new Flipkart gets built and be solely funded by Indians, or well kiss goodbye your (really) hard earned money to tons of things you don't need but are pressured to buy anyways, just like True Americans[TM] (but without the rights of Americans and now 7x as expensive. A year's salary for a cellular phone).
- ?
- Anonymous
- kAF
- 10 May 2018
AnonD-558092, 10 May 2018You underestimate the potential of American companies. They... moreExactly. That part really scares me. First they'll sell much cheaper than market, suffer loss, get Monopoly then milk the life out of customers. Hope that new competition comes from local stores...
- D
- AnonD-558092
- r7b
- 10 May 2018
AnonD-415644, 09 May 2018That's where you're wrong beautiful human person. Here in I... moreYou underestimate the potential of American companies. They first kill the local market (and they are dang good at it) and then they'll steal you all. Note that you are already being ripped off 2-3x the price on most electronics, even in local stores.
- ?
- Anonymous
- EKh
- 09 May 2018
'Merica!
Awesome to see USA finally buying up some foreign companies, the last 20 years it's always been foreign companies buying up American firms.
Now watch next week China buys Walmart.
- D
- AnonD-415644
- t7k
- 09 May 2018
AnonD-558092, 09 May 2018Great job! Indians now have absolutely no control over thei... moreThat's where you're wrong beautiful human person. Here in India, e-commerce is not the only solution. People will switch to local shops if Walmart and Amazon try to manipulate prices in wrong sense.
- D
- AnonD-558092
- r7b
- 09 May 2018
Great job! Indians now have absolutely no control over their own e-commerce market. Brace yourselves for collusion, leading to price hikes and a duopoly by Amazon and Wal-Mart. Yaaaaaay. Good luck Indians
- h
- hahaboi
- IbE
- 09 May 2018
What happen to Indian investors? Flipcart is founded by Indian and now owned by foreign company.
- D
- AnonD-324584
- GQi
- 09 May 2018
There is no sense to this deal other than early investors getting their due. Softbank is out and soon tencent and Microsoft will follow. Walmart will keep spending money to compete with Amazon. No one will actually make any money since mortar shops operate on lower margins thanks to lower rents and cheap labor. Quality has already been compromised to get cheaper products. Sellers apart from handful aren't earning on both platforms. All in all the ecommerce bubble will pop eventually.
- YoloBS
- fC$
- 09 May 2018
AnonD-527635, 09 May 2018If only we could band together and NOT purchase from them.So india become a boycott country
- ?
- Anonymous
- U{j
- 09 May 2018
Good that Amazon did not buy Flipkart
- D
- AnonD-415644
- t7k
- 09 May 2018
In future, this will happen -
1) Cash on delivery option will get less and less available for the products till they decide to remove it entirely.
2) Forget about Big Billion Day Sale.
3) Oh, you want an easy refund, guess not, with new policies by Walmart.
- ?
- Anonymous
- ut8
- 09 May 2018
AnonD-527635, 09 May 2018If only we could band together and NOT purchase from them.They are taking huge losses anyway. No e-commerce platform has ever turned a profit in India. Brick & mortar shops (primary goods mover) in India already operate on a wafer thin margin, and going lower than that means taking a loss on every sale. Unlike the USA where Amazon can undercut the large retail chains (primary goods mover) and still enjoy a healthy profit margin. Higher per capita income means people have more disposable income to spend on things.
- D
- AnonD-527635
- q{E
- 09 May 2018
If only we could band together and NOT purchase from them.
- ?
- Anonymous
- XNU
- 09 May 2018
Pra_win, 09 May 2018More Monopoly less competition = sky High prices = We are F... moreIt's supposed to be more competition=less Monopoly.
Sad part is that Flipkart would go that low just to beat Amazon.
- S
- SER
- K3e
- 09 May 2018
Pra_win, 09 May 2018More Monopoly less competition = sky High prices = We are F... moreYou are right, i hate that