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This is How Amazon Avoids Tax in America

7Apr By Sheldan RungasamyNo Comments

ANALYSIS

This is How Amazon Avoids Tax in America

Last week, President Donald Trump directed attacks on Amazon in a tweet stating his disappointment that the e-commerce giant does not pay sufficient taxes. Since 2015, Donald Trump has expressed his contempt towards Amazon and its CEO Jeff Bezos around a dozen times on the micro-blogging site. Trump’s disdain towards the e-commerce giant is often attributed to the negative articles written against the US President in ‘The Washington Post’, which is owned by CEO of Amazon, Jeff Bezos. For this reason, many individuals wonder whether the statements made by the US President are accurate or just “impulsive.” In fact, while it is quite hard to believe, Amazon does indeed pay almost no tax at all in the US. It is very surprising that Amazon lawfully avoided all sorts of corporate taxes despit...

Survey: This is What Indians Do Online & Offline

7Apr By Sheldan RungasamyNo Comments

ANALYSIS

Survey: This is What Indians Do Online & Offline

India is a fast evolving and developing country with ever-more resources and capital being poured into the Indian web market to digitalize the country. A particular tool that has allowed this digital development has been the introduction of cheap and reliable smartphones in the market which allowed a large portion of the country to afford the technology. Additionally, cheap internet plans contributed significantly to encouraging and increasing the overall internet usage. Consequently, diverse facilities and services emerged from phone apps, allowing users to buy, sell, order and enjoy different types of facilities and services from electronic shopping, to cab hailing, food delivery and more. Presently, India stands among the most internet-friendly ecosystems in the world and the scale a...

Review of Tesla’s Quarterly Vehicle Production

6Apr By Sheldan RungasamyNo Comments

ANALYSIS

Review of Tesla’s Quarterly Vehicle Production

Tesla has increased its production rate of electric cars in the first quarter of 2018 as new data reveals that the company has presently produced over 35,000 new vehicles. This production amount in 4 months represent a 34% increase compared to their previous record of 25,700 cars produced in Q2 2017. This chart from Pixr8 News indicates that Tesla’s production of car since Q3 2016 is on inconsistent in almost every quarter. Usually, the carmaker company produces approximately 25,000 cars per quarter since Q3 2016 and the 35,000 mark is a noteworthy milestone for Tesla. Unfortunately, a report emerged today indicating that the company’s Fremont factory ground vehicle production came to a standstill, at least momentarily, on Tuesday morning due to a fire that spread out in Tesla’s ...

5 Small Stocks that Can Give You Big Returns in Future

6Apr By Lavina TolaniNo Comments

ANALYSIS

5 Small Stocks that Can Give You Big Returns in Future

Have you been trying to look into stocks of small companies that could yield good returns but failed to do so? Well, nothing to worry about, as we have got you covered with our list of top 5 small stocks that seem to be bursting with potential for offering better returns in 2018. Though investors are usually apprehensive when it comes to dishing their money into small stocks, they can be profitable in the long run provided that they are chosen with care and self-analysis. Why should an investor be optimistic regarding small stock investment? Market analysts do not pay much heed to small stocks when it comes to investing in the share market. This is why it gets risky to invest in them. But thinking along a different perspective, the advantage of finding a hidden gem can be tremendous w...

WeWork Coworking Acquisitions & Its Growth

1Apr By Sheldan RungasamyNo Comments

ACQUISITION, ANALYSIS

WeWork Coworking Acquisitions & Its Growth

WeWork, the famous co-working space provider was founded in 2010 when it opened two offices in New York. The purpose of the company was to provide workspaces to companies and people where they could expand together. They are also reknown for giving their locations a design face-lift and providing their client-base with dynamic environments that is meant to boost creativity, focus and facilitate connections. Their aim when they opened their first office was to humanize work by making CEOs help each other grow their respective businesses, and provide offices as comfortable as the employees’ home. Eight years since its inception, the company is now present in 56 cities and 18 different countries. Indeed, the company grew very quickly. They opened two locations in 2010 and doubled that ...

ShopClues Revenues Grow 60%, Losses Down to 40%

26Mar By NitishNo Comments

ANALYSIS

ShopClues Revenues Grow 60%, Losses Down to 40%

India based online e-commerce platform ShopClues revenues grow 60 percent this fiscal, while losses have been trimmed by almost 40 percent compared to the previous year as per the press release published by the company. The Gurgaon-based company focusses on categories like fashion and strengthening position in tier III cities and beyond to push the growth. Shopclues will see the competition in this segment from the leading players like Flipkart and Amazon. Both leading online e-commerce players are also confident of hitting profits in the next 12-18 months. The CEO of Shopclues Sanjay Sethi said, "2017 was spent ensuring that the company has the right revenue margins" without any discounting or heavy spending on warehousing adding to its costs. 2018 will be about continuing the growth....

Unboxing Xiaomi’s Marketing Strategy- An Example Which Every Startups Need to Follow

19Mar By Sheldan RungasamyNo Comments

ANALYSIS

Unboxing Xiaomi’s Marketing Strategy- An Example Which Every Startups Need to Follow

In 2014, Xiaomi, the Chinese electronics and Software Company, stepped in the Indian market with an innovative market strategy in partnership with Flipkart, the country’s largest online retailer by launching the Mi 3. The model unveiling took place in a small hall with few journalists covering the event; a big contrast to the unveiling of Apple and Samsung new phones. Instead of spending vast sums of money on marketing and advertising, Xiaomi decided to employ hunger-marketing tactics – a psychological strategy designed to focus on the customer’s desire, making them crave for a product others want to buy – to sell its cost effective smartphones. Making only a limited supply of smartphones available on the e-commerce platform, the smartphone sold out after a few seconds. This strategy bo...

Are The Days of Bitcoin Over? Becomes One-Third In Less Than 2 Months

6Feb By RishabhNo Comments

ANALYSIS

Are The Days of Bitcoin Over? Becomes One-Third In Less Than 2 Months

Bitcoin has been tumbling since the past few, and it's been over 1.5 months that it last it's all time high. Bitcoin hit an all time high $19,343 in December 16, 2017 after which it fell and topped at $17,135 on January 6, 2018. Ever since then its has been falling and hit $6,083 by IST 10:36 am February 6, 2018. Investor firms think that it is the time that Bitcoin will have to settle after being too dynamic with its price. The downfall is amidst the raising worries about regulation on the ungoverned cryptocurrency. Even on Friday, Citigroup, JP Morgan Chase and Bank of America said that they will ban cryptocurrency purchase by their credit card customers. In India, at the time of Union Budget 2018 pre-poll the Finance Minister of India, Arun Jaitley said,"Cryptocurren...

Despite Fall in iPhone Sales, Apple Makes Biggest Ever Company Profit

2Feb By RishabhNo Comments

ANALYSIS

Despite Fall in iPhone Sales, Apple Makes Biggest Ever Company Profit

The quarterly profit results for the most crucial quarter of Apple are out, and those are outstanding! Breaking its own record which was set 2 years ago, Apple posted a revenue of $88.3 billion and net quarterly profit of $20.1 billion. The results come after the launch of its $999 surprise phone- iPhoneX which was launched in November, along with the expected iPhone 8. “iPhone X surpassed our expectations and has been our top selling iPhone every week since it shipped in November,” Cook said. iPhone X introduced a new feature called Face ID which was its stand out feature along with amazing selfie camera. As per the release, Apple sold over 77.3 million iPhone and over 13 million iPad. It generated a total of $88.29 million revenue, thanks to the higher prices of its new handsets...

Yatra Revenue Increased by 40.8%, INR 3,360.4 Million in FY17

31Jan By Ankita SinghNo Comments

ANALYSIS

Yatra Revenue Increased by 40.8%, INR 3,360.4 Million in FY17

Yatra, India's leading online travel company, today announced its unaudited financial and operating results for three months ended December 31, 2017. As per the results, yatra delivered good quarter of results with revenue less service cost growth at 45.6% year-over-year. Our multi-channel approach and the resultant symbiotic relationship between our corporate and consumer direct businesses continues to deliver well for us. We have taken great strides on our technology platform for both our retail and corporate customers. This is an exciting time for Yatra, as we believe the combination of strong economic growth and consumer demand at the macro level and our own unique approach at the company level will help us maintain a strong growth rate over the longer term. Dhruv Shringi, Co-fo...

Budget 2018: Last 10 Years’ Figures Show Nifty Rising in the Month Following Budget

30Jan By RishabhNo Comments

ANALYSIS

Budget 2018: Last 10 Years’ Figures Show Nifty Rising in the Month Following Budget

If you are waiting for a dip to invest fresh capital in the market, especially after a strong rally seen in the equity market so far, then is this the right time for you? Let's have a look what history has to say. If you are waiting for a dip, then chances of happening that are very low. Have a look at the data shown below: As you can see, the market declined only 3 times out of 10 years(i.e. 2009, 2012, 2015). The Nifty raised 7% in both 2010 and 2011 and considerably 9% in 2016 in the following month of budget. It is also evident from the data that the scenario is just opposite in the month prior to the Budget release.There's a dip in the market 6 out 10 times and remained unchanged for the remaining 2 times. The Economic Survey that was released on Monday highlighted som...

Myntra Revenue Shoots up to 87% in 2016-17

27Jan By AdityaNo Comments

ANALYSIS

Myntra Revenue Shoots up to 87% in 2016-17

Flipkart owned India's leading fashion e-commerce company Myntra turnover zoom of ₹2,000 crore in fiscal 2016-17, an 87% jump from the previous year, according to a filing with the Ministry of Corporate Affairs. The company had posted a ₹816 crore loss in FY16. Tofler a data-tracking platform published this report. As per the report, 94% revenue came from trading business, that includes sales from Myntra’s private labels, a category that offers higher margins and has been aggressively pursued by the company over the years. And rest 6% from data processing, hosting and related activities and its Web portal. The filing did not show any profit or loss numbers for the year. Myntra was started private label business in 2015 and it now accounts for nearly a fourth of revenue. Last ye...