gumshuda
Re:How Diane Greene Transformed Google's Cloud
on Monday June 20, 2016 @07:32AM (#11937327)
AWS is coming to Mumbai(IN) in near future. It will make it give much better performance for us so right now investing time in GCE is difficult to justify.
Re:Saving Private Flipkart
on Wednesday April 27, 2016 @09:15PM (#11585952)
Sorry , was away for sometime.
Source for market share:
http://m.economictimes.com/industry/services/retail/indian-e...
Source for funding: actually I was wrong on this point. Amazon have invested $2B and flipkart till now had $3.3B funding.
Re:Saving Private Flipkart
on Tuesday April 26, 2016 @09:43AM (#11571754)
Amazon is burning much more money than flipkart right now. They have invested more than flipkart's total funding and still doing quarter of Flipkart business. Flipkart on the other side is trying to reduce its loss and trying to do breakeven in few categories.
Re:Saving Private Flipkart
on Tuesday April 26, 2016 @09:37AM (#11571708)
And amazon took 15-18 years to make that cash cow. Flipkart will also figure out something in next few years. For all the negativity for flipkart, they have much much bigger share in apparel which is the place where margins are higher and profitability is easier.
And amazon can not keep spending money on India. They have to convince their shareholders that investing in India will be profitable. So if flipkart being market leader will not be able to convince someone for more money, it will put pressure on amazon also for the same.
Re:Flipkart, Amazon of India, has sales of $100M in one day
on Tuesday October 07, 2014 @05:32AM (#8420268)
Still they sold items of more than $100 million and thats what we are discussing. Some items were cheaper on other sites in festive season but that doesn't make it a flop. Also they didn't inflate MRP just removed discount on few items slowly and added it back on sale day.Though they did give great discounts on most of the categories and items .I don't understand what is wrong with that. They wanted people to buy items online and they were successful in doing that.
Re:Firefox OS phone launches Tuesday in Spain at $3 a month
on Monday July 01, 2013 @08:58AM (#5970275)
I think you might be talking about http://www.appsurfer.com/