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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Amazon vs Future will determine whether the e-commerce giant or Reliance gets to dominate the fast-growing organized retail space.
Editor's note: Few judgements in recent history have been as keenly awaited. The Delhi High Court is expected to rule shortly on what is perhaps the biggest corporate dispute in India, a judgement that is bound to have a significant bearing on how organized retail shapes up in India in the years to come. Media reports have described the tussle between Jeff Bezos’s Amazon.com Inc. and Future Group, whose key retail assets were bought in August by Mukesh Ambani’s Reliance Industries, as a clash of titans. And rightly so, because of the personalities involved. Bezos happens to be the world’s richest man, while Ambani is India’s, and the seventh wealthiest globally. Their fight is for a very big prize—domination over the Indian organized retail sector, comprising both brick-and-mortar stores and e-commerce, which is expected to grow at 20% annually for the next few years. It is a once-in-a-lifetime opportunity that every ambitious businessman dreams of. Decades ago, a similar opportunity propelled Walmart Inc. to become the world’s largest corporation by revenue and, more recently, propelled Bezos to the top of the rich …
Amazon vs Future will determine whether the e-commerce giant or Reliance gets to dominate the fast-growing organized retail space.
Editor's note: Few judgements in recent history have been as keenly awaited. The Delhi High Court is expected to rule shortly on what is perhaps the biggest corporate dispute in India, a judgement that is bound to have a significant bearing on how organized retail shapes up in India in the years to come. Media reports have described the tussle between Jeff Bezos’s Amazon.com Inc. and Future Group, whose key retail assets were bought in August by Mukesh Ambani’s Reliance Industries, as a clash of titans. And rightly so, because of the personalities involved. Bezos happens to be the world’s richest man, while Ambani is India’s, and the seventh wealthiest globally. Their fight is for a very big prize—domination over the Indian organized retail sector, comprising both brick-and-mortar stores and e-commerce, which is expected to grow at 20% annually for the next few years. It is a once-in-a-lifetime opportunity that every ambitious businessman dreams of. Decades ago, a similar opportunity propelled Walmart Inc. to become the world’s largest corporation by revenue and, more recently, propelled Bezos to the top of the rich …
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
The retailer has shrunk operations to fix its loss-making vertical. But a reduced presence risks hurting volumes in a segment dominated by Blinkit and Instamart.
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
The retailer has shrunk operations to fix its loss-making vertical. But a reduced presence risks hurting volumes in a segment dominated by Blinkit and Instamart.
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?
