Thursday, November 1, 2018
India’s eCommerce Firms Brace for Additional Losses | Forrester
This week India’s key eCommerce firms — Flipkart, Paytm Mall, PhonePe, ShopClues, and Swiggy — posted combined losses of ₹6,445 crore (US$970 million) for the 2017-2018 fiscal year. We expect this to worsen in the coming years as companies scale up rapidly to capture market share. Forrester sees the following trends the Indian eCommerce landscape […] [from https://ift.tt/2leQDNn]
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