E-commerce market | Pixr8 News

The Indian e-commerce market has become a real battlefield, whereby global mammoth such as Amazon, Walmart and even Alibaba are competing fiercely to kick each other out of the landscape. The companies’ market strategy is mostly driven towards customer acquisition and retention, to own the most available market share. Flipkart, the e-commerce giant founded by Indian entrepreneur was recently acquired by Walmart for 16 billion dollars two weeks ago for 77% stakes, making it boast a valuation of $20 billion. However, a report from Citi Research suggest that Amazon India can also be valued at the now significant milestone of $16 billion as well. Indeed, Citi Research published a report last week in which it stated that Amazon India could possibly attain $70 Bn in Gross Merchandise Volum...

Walmart Stores Inc. is set to become Flipkart’s largest shareholder as negotiations are being finalized. Walmart could buy around 20-26% stakes in the Indian company and improve its shareholding rights to 51% in tranches, according to reports. India’s biggest online retail company, Flipkart is luring the world’s largest brick-and-mortar retailer in its ranks before yet another face-off against American retailer Amazon in the India e-commerce market. The American retail giant might invest $10-12 billion for the entire stake purchase in a deal that will include the acquisition of shares owned by existing investors with the likes of Softbank, the Japanese telecom and internet giant, according to two anonymous sources close to the company. “The primary investment will be between $1-2 Bn,...

Tag: E-commerce market

Amazon India’s Valuation Reaches Staggering Figures

Walmart Planning Flipkart Takeover