JioMart has also expanded into fashion and electronics in the past few months, among segments that drive sales for existing large e-commerce markets. The intention of Reliance to push these key segments first for the larger e-commerce play ahead is evident.
The sprawling e-commerce empire of Jeff Bezos in India is staring again at its moment of truth. It was back in 2013 when Amazon entered the very nascent and almost untapped e-commerce market characterized by an underdeveloped infrastructure with only 16 percent of the Internet-connected population and the undisputed king of cash.
Flipkart and Snapdeal were arguably the only and largest e-commerce players in the then e-commerce market. As it is always an internet powerhouse in the United States, Amazon was able to adapt quickly to the Indian way of selling goods online and flush with capital, elbowed Snapdeal out to take Flipkart head-on and overcome the challenges.
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The sprawling e-commerce empire of Jeff Bezos in India is staring again at its moment of truth. It was back in 2013 when Amazon entered the very nascent and almost untapped e-commerce market characterized by an underdeveloped infrastructure with only 16 percent of the Internet-connected population and the undisputed king of cash.
Flipkart and Snapdeal were arguably the only and largest e-commerce players in the then e-commerce market. As it is always an internet powerhouse in the United States, Amazon was able to adapt quickly to the Indian way of selling goods online and flush with capital, elbowed Snapdeal out to take Flipkart head-on and overcome the challenges.
To stay up to date with political, educational, monetary, religious, and insightful entertainment and current affairs, subscribe to our channel.
Like our Official
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