If Amazon is 25 billion out of 120 total. Where is the other 95? I would assume Amazon and Flipkart would be 3/4th of ecommerce, no?
Amazon is 25, Flipkart another 25
Meesho 5. Myntra and Nykaa following it.
Not exacts but those are the rough numbers I know
So its more like 70-75? (Even if you add quick commerce ones, its still additional 5). So, 120 seems a little exaggerated, no?
Don't they deliberately show losses to avoid taxes?
Stupidity at its best. Don't listen to people who say this.
When you "show loss" you also need to fund it. The "loss" is an exponentially higher number than the tax to be paid.
No one in their right mind would say, "Oh let me lose $1bn so I don't have to pay $250mn in taxes" UNLESS they have black income.
That's the difference right? - I said "Showing losses" and not actual loss. They have multiple different revenue stream especially from cloud business that can fund these losses.
What’s the source of this data?
This isn’t reported by Amazon This is estimates from Barclays
Should not be too off though
Would love to know more about the market here specifically B2B retail media ads, think Amazon ads etc......if anyone here is working on that I have one very specific question.
What's the percentage of GMV that you folks have been able t...
Migrating PhonePe to India 1B $ in useless tax
Like that stupid separation of PhonePe from Flipkart ~0.7B $
Now this 3.5B$ just to increase its stake when it was already a majority owner! What's going on?
Maybe, Taking on Reliance retail and Amazon in India? Tech infra for Walmart (random guess) 100% or ownersh...
After 16 years of existence should we still call Flipkart a startup?
Ab ho gya na fundraise? What's the point of saying these things now. You are not listed. You have already raised close to $1bn. It's not like this is bringing new customers. What's the point of all this PR now? Why not focus on executi...
