Snapdeal slips against its two main rivals, Flipkart & Amazon. Can it get back

[Sudhakar]

Snapdeal slips against its two main rivals, Flipkart & Amazon. Can it get its mojo back as om 06 Oct 2016?


What was not long ago billed as a two-horse race between Flipkart and Snapdeal in the $12 billion Indian e-commerce market has now become a two-horse race between Flipkart and Amazon. Snapdeal's market share dropped to 14% from 19% a year ago while Amazon's gained from 14% to 24% in the same period.

Flipkart remains the leader despite a fall in market share to 37% from 43%. Snapdeal, which moved to a marketplace model four years ago, is now playing catch up with its two main competitors. Bahl's bluster has since dried, possibly a direct consequence of the underwhelming performance of his company against competitors.

Snapdeal will run its attempt of attracting customers by its unbox zindigi campaign till December 2016

More Detail : http://economictimes.indiatimes.com/small-biz/startups/snapdeal-slips-against-its-two-main-rivals-flipkart-amazon-can-it-get-its-mojo-back/articleshow/54705032.cms

[Sudhakar]

Amazon's second-largest employee shareholder explains why he's working for the Italian government for free

Diego Piacentini is the SVP of Amazon's international consumer business and the second-largest employee shareholder after founder and CEO Jeff Bezos.
But after spending 16 years at Amazon, Piacentini announced in February that he'd be taking a two-year leave to work for the Italian government - for free.

More Detail : http://www.businessinsider.in/Amazons-second-largest-employee-shareholder-explains-why-hes-working-for-the-Italian-government-for-free/articleshow/54665877.cms