ONDC 🆚 e commerce gaints
ONDC seem Big threat for Swiggy/Zomato , Amazon/Flip kart, Dunzo /zepto/ blinkit/ big basket.
How will these e commerce giants (already operating on huge loss) survive now
Am really utopia how much these influencers paid to show how ONDC will destroy Swiggy and Zamato, any sensible businessman knows ONDC short term play which will get defunct very soon.!!
Had to happen. Most influencer are idiots.
Zomato and swiggy are established.
They will remain. Probably use ondc for their benefit.
I feel it was made for ambani. Lets see what he does with it.
Can you explain why ondc is a short term play?
Because the govt is inefficient in handling any service related business, already there’s huge supply chain issues like food getting delivered after 2 hours!
Influencer are just new click farms.
apparently users dropped significantly as discounts were reduced
Who was paying these influencers
ONDC seem Big threat for Swiggy/Zomato , Amazon/Flip kart, Dunzo /zepto/ blinkit/ big basket.
How will these e commerce giants (already operating on huge loss) survive now
Swiggy was valued at $10B a couple of months back. Good luck employees waiting for ESOP buy-back in July 2023. Your shares are now worth half of what it used to be!
https://www.moneycontrol.com/news/business/invesco-cuts-swiggys-valuati...
Zomato delivered another great set of results. Now they are adding 250Cr cash every quarter. The company hit two benchmarks this quarter according to my calculations, 50,000 Cr worth of orders (4x Q3) and 100 Cr orders (4x Q3), and thes...
I really to lot of restaurants and they're tired by the heft commissions and also that they don't any customer data. Do you think some one can compete with these aggregators?