Flipkart acquired Myntra yesterday and put together, they control 50% of the online fashion vertical. That being the case, we spoke to several e-commerce players to understand how this affects them and the ecosystem in India. * Vijay Shekhar SharmaFounder and CEO of Paytm Impact on the supply side: Consolidation is great for Industry as it will bring more sustainability to business. Suppliers need diverse platforms to sell so we believe it won't have much impact there. Will more fashion retailers gravitate to Flipkart-Myntra now?: Though it is absolutely a great deal for both companies, in the long terms, many brands and sellers don't prefer single large channel for their sales. We believe Paytm will offer a strong long tail of distribution for brands and many sellers. Impact on pricing: In the short term, there shouldn't be much impact, but in long term, offers and freebies will cut down. I am sure it will happen across industry as we can now see free deliveries not being offered on every order by most players. Impact on consumer demand: Mobile will be where consumer growth is and I am sure it will be a great win for consumers as companies are offering more and more of their mobile exclusives. * Avnish Chhabria, CEO of Stylista Impact on the supply side: While inefficiencies on the supply side have existed, we will see a clear operational efficiency development to streamline processes and improve overall consumer sentiment. Will more fashion retailers gravitate to Flipkart-Myntra now?…
- How state family database projects pose dangers of in-depth citizen profiling and exclusion? January 26, 2023
- MediaNama Daily: This Republic Day, let’s remember our rights January 26, 2023
- What Google is (and isn’t) changing in Android and Play Store to comply with India’s antitrust orders January 25, 2023
- One-size-fits-all rules won’t work for social media companies: SFLC’s Mishi Choudhary on IT Rules January 25, 2023
- Rajeev Chandrasekhar’s Plans For India Stack: 3 Key Points From His Speech January 25, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."
By Soujanya Sridharan and Dr. Sarayu Natarajan Platform work and data: the intersection Every time you use a ride-hailing app, the matching algorithm processes...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...