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Thursday, 7 August 2014

E-Commerce : The Flavour Of The Month....Still Its Scratching The Surface...Big Industrial Houses Joining The Race...

E-retail: you ain't seen nothin' yet While Flipkart and Amazon go on a fund-raising spree, the real battle will begin once big industrial houses such as the Tatas, Reliance and the Aditya Birla group join the race E-Commerce is the flavour of the month. First, homegrown Flipkart raised $1 billion from private equity funds, which valued the e-retailer at over $7 billion. The very next day, Jeff Bezos, the founder and CEO...