There used to be a time when I thought massive scale was gonna come to SSA ecommerce. Not any more, not in my generation. My reboot as an entrepreneur'll be to build the biggest brick and mortar supermarket in Nigeria. (I study for that as a pasttime now.) https://tech.economicti…
Flipkart's commerce business is getting $1.2 billion from Walmart-led investor group, valuing the firm at $24.9 billion. The investment will be done in two tranches over the remainder of the fiscal year https://tech.economictimes.indiatimes.c om/ ...
Walmart bought Flipkart out of desperation to keep Amazon from sweeping the Indian market. Flipkart's execution skills continue to be found wanting. With the entry of Jio, Walmart (and to some extent, even Amazon) is now caught between a rock and a hard place. https://twitter.com…
Walmart's backing of Flipkart comes at a time when the Indian online retail battle is getting redrawn with Reliance Jio's $15B fundraise & plans to leverage its telecom reach to propel online commerce.