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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.
Editor's note: Last week, I wrote about India’s online festive sales period, and broke down how the sales battle plays out and the current state of Indian e-commerce along five parameters. Today, now that both the first and second “waves” of the sales have run their course, and the third wave has started, we’re going to get into some specific numbers from this year’s sales, based on conversations with vendors and executives in the trade. Typically, the first wave—headlined by Flipkart’s Big Billion Days, and Amazon’s Great Indian Festival—accounts for just over half of overall Diwali-period sales, with the next two smaller sales events splitting the remainder almost evenly. So we're going to look at numbers specifically from the first wave of Diwali sales to assess the health of the online industry. A quick recap: Electronics of various kinds account for about 65-75% of sales (and even higher during Diwali sales) by gross merchandise value, or GMV, and so we’re going to look mainly at these: • Mobiles or smartphones, around 50% of GMV • Home and personal electronics (TVs, headphones, fitness …
Editor's note: Last week, I wrote about India’s online festive sales period, and broke down how the sales battle plays out and the current state of Indian e-commerce along five parameters. Today, now that both the first and second “waves” of the sales have run their course, and the third wave has started, we’re going to get into some specific numbers from this year’s sales, based on conversations with vendors and executives in the trade. Typically, the first wave—headlined by Flipkart’s Big Billion Days, and Amazon’s Great Indian Festival—accounts for just over half of overall Diwali-period sales, with the next two smaller sales events splitting the remainder almost evenly. So we're going to look at numbers specifically from the first wave of Diwali sales to assess the health of the online industry. A quick recap: Electronics of various kinds account for about 65-75% of sales (and even higher during Diwali sales) by gross merchandise value, or GMV, and so we’re going to look mainly at these: • Mobiles or smartphones, around 50% of GMV • Home and personal electronics (TVs, headphones, fitness …
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.
The Department of Telecommunications’ directive that every smartphone come pre-installed with the app follows a familiar pattern of ‘optional’ tools that turn mandatory in practice.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.
The Department of Telecommunications’ directive that every smartphone come pre-installed with the app follows a familiar pattern of ‘optional’ tools that turn mandatory in practice.
