There has been news of Amazon entering India, which with its billion population is a very lucrative market.
Meanwhile, in the vacuum, local players have emerged, most notably flipkart, letsbuy,infibeam ......
The thing to ponder is whether these players will survive the entry of Amazon into the indian market.
Well it seems that the locals are getting ready, there was a news that flipkart has snatched up letsbuy for 25 million dollars. The consolidation has begun.
But will this be enough, we will see.
Regards,
Ishan Malviya
Meanwhile, in the vacuum, local players have emerged, most notably flipkart, letsbuy,infibeam ......
The thing to ponder is whether these players will survive the entry of Amazon into the indian market.
Well it seems that the locals are getting ready, there was a news that flipkart has snatched up letsbuy for 25 million dollars. The consolidation has begun.
But will this be enough, we will see.
Regards,
Ishan Malviya
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