Showing posts with label planning. Show all posts
Showing posts with label planning. Show all posts
Friday, April 14, 2017
India Post planning to Launch its Own E Commerce Marketplace
India Post planning to Launch its Own E Commerce Marketplace
In a report by ET John Samuel, a part of Postal Services Board, said that India Post will be launching an Amazon and ebay like online store, which would be an overseen marketplace with solid look out for of who can sell and who can not. An accentuation would be made on selling of indigenous items like Darjeeling Tea, Kashmiri Saffron and so forth.
"In one hand we have Rs 4909 crore worth the trouble related foundation modernization plan and then again, we are spending an alternate Rs 2000 crore to have new vehicles to guarantee speedier conveyance." said Samuel.
This is the second Government pursue body IRCTC to venture into e-business. IRCTC had launched its portal in organization with Yebhi, however that didnt work out and Yebhi itself transformed its plan of action in 2014. India Post accompanies an involvement in taking care of e-trade logistics, additionally it had gotten into a Mou with organizations like Snapdeal, Amazon and Shopclues to drive this specific portion. Will this new arm make a clash of enthusiasm with portals managing in the same space?
This Government body could leverage the brand it has assembled among the consumers, in-street into provincial populace, the prepared supply chain base it has furthermore its experience assuming a part as a budgetary body to deal with the payments. Albeit this looks cheerful, one can sit tight for a couple of months more to perceive how does this picture really ends up being.
Albeit this looks confident, one can sit tight for a couple of months more to perceive how does this picture really ends up being.
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Saturday, March 25, 2017
Amazon planning To Buy Fashion Lifestyle Portal Jabong
Amazon planning To Buy Fashion Lifestyle Portal Jabong
In October, distributers like Firstpost, ET, Trak and so on reported that the two firms may be shaking hands, however in a late development it has surfaced that the first phase of talks for Amazon to secure Jabong have been finished. Also Amazon would obtain the organization in a deal sum worth USD 1-1.2 Billion.
Jabong is a piece of Rocket Internets Big Foot Retail (Family of Jabong, Dafiti, Lamoda, Namshi and Zalora), henceforth the billion dollar deal may include these other global retailers as well.
A source with the knowledge relating to this matter told Vccircle that post acquisition, Amazon would keep Jabong as an issue substance. Jabong is an inventory based e-tailer, where FDI in not permitted, and the structure of the deal hasnt been uncovered
Amid January-June 2014 period, Jabong reported Gross Merchandise Value (GMV) of INR 509.5 crore from 3.197 million orders. The organization has two other significant shareholders other than Rocket Internet i.e. Swedish speculation firm Kinnevik and UKs CDC.
Big Foot Retail with Rocket-Internet supported locales, for example, Jabong, Dafiti, Lamoda, Namshi and Zalora cases to have worth around USD 2.5 billion as of September 30, 2014.
In the event that the deal experiences, then Amazon would have the capacity to rival Flipkart neck to neck. Myntra and Jabong both are favored fashion destinations, in spite of Amazon & Flipkart having various categories including apparel. Flipkarts marriage with Myntra, provided for it an edge over amazon, However now if Amazon gets Jabong, it would have the same ammo to stay in the competition.
However now if Amazon gets Jabong, it would have the same ammo to stay in the competition.
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