The lack of concern about the absence of profits in e-commerce is alarming.
From the market leaders such as Flipkart and Snapdeal to the hot new start-ups including Grofers (Locodel Solutions Pvt. Ltd) and PepperTap (Nuvo Logistics Pvt. Ltd), these companies and their investors have talked up the vast market size and the explosive growth in the number of Internet users.
Some analysts, such as financial services firm UBS, have said e-commerce sales can touch $60 billion by 2020 from less...
E-commerce start ups hide losses
From the market leaders such as Flipkart and Snapdeal to the hot new start-ups including Grofers (Locodel Solutions Pvt. Ltd) and PepperTap (Nuvo Logistics Pvt. Ltd), these companies and their investors have talked up the vast market size and the explosive growth in the number of Internet users.
Some analysts, such as financial services firm UBS, have said e-commerce sales can touch $60 billion by 2020 from less...
E-commerce start ups hide losses