Today Medianama broke the news of Flipkart acquiring Letsbuy. I must say it was good investigative journalism displayed by Medianama, such news is not easy to find. It is always interesting to read the comments, so far the news has received positive response. Medianama rightly points out that ecommerce consolidation has started but I must […]
Ecommerce
Ecommerce in India: 2011 was great, will 2012 be sceptical?
The calendar year 2011 is ending in few days and the report cards for various sectors of internet space are being released. In India we should expect report cards twice a year – calendar year (ending December) and financial year (ending March)! In today’s Economic Times the unique visitors of major categories of ecommerce portals […]
A demography of consumers in India
Ever wondered why retail companies abroad are very interested in entering India? As of now they cannot enter India as there are some clauses for Foreign Direct Investment in the Indian retail sector (which was recently put on “hold“). Today’s Economic Times had carried an insight about Indian consumers, quoting few points from that article. […]
India’s ecommerce market size has a potential of $500 billion
Today’s post on GetElastic “The State of Ecommerce in India” talks about the ecommerce potential in India. The infographic is very interesting in that post. It compares the ecommerce market size in US & India. The graphic starts of by questioning the statement ‘India’s ecommerce is BOOMING’. Main points are, India’s population (1.2 billion) is […]
Will language support give the steroids for ecom growth in India?
Today’s article in Mint “Data indicates an e-commerce boom” talks about the good growth of ecom in India. The study was conducted by India’s leading market research firm JuxtConsult. Some notable points from the article are,