The Online marketplace in India is getting hot in a big way. Bigwigs like Flipkart, Myntra, Snapdeal with their huge muscle power in terms of their PE backed funding are giving a big fight to global behamoth's like Amazon and eBay. Its the race for a place in Indian online marketplace.
When I was reading an article about the Amazon acquired Junglee.com - Why is Junglee Selling Goods, Just Like Amazon? Here is Why It’s Cool I was fascinated by the way the online marketplace has changed the dynamics of the industry and how bigwigs are struggling to find place for them.
The sheer attraction was towards the visits Junglee.com was clocking. A whopping 10 million visits. I wonder who on earth would miss such an opportunity to monetize.
The shift from a mere price comparison site to the one which allows customers to buy products listed there, indicates the growing trend of fight for the dominance in the Indian Online Marketplace. So its not cool for Amazon to transform Junglee.com but the competition is hot which is forcing Amazon to do it.
Flipkart might acquire Myntra and turn Myntra into what Amazon had turned Junglee.com. Today's Livemint article Flipkart all set to buy Myntra confirms this move.
Alas its competition dude !!!
When I was reading an article about the Amazon acquired Junglee.com - Why is Junglee Selling Goods, Just Like Amazon? Here is Why It’s Cool I was fascinated by the way the online marketplace has changed the dynamics of the industry and how bigwigs are struggling to find place for them.
The sheer attraction was towards the visits Junglee.com was clocking. A whopping 10 million visits. I wonder who on earth would miss such an opportunity to monetize.
The shift from a mere price comparison site to the one which allows customers to buy products listed there, indicates the growing trend of fight for the dominance in the Indian Online Marketplace. So its not cool for Amazon to transform Junglee.com but the competition is hot which is forcing Amazon to do it.
Flipkart might acquire Myntra and turn Myntra into what Amazon had turned Junglee.com. Today's Livemint article Flipkart all set to buy Myntra confirms this move.
Alas its competition dude !!!
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