{"id":29496,"date":"2018-10-26T10:51:27","date_gmt":"2018-10-26T05:21:27","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=29496"},"modified":"2018-10-26T10:51:27","modified_gmt":"2018-10-26T05:21:27","slug":"online-retail-flip","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/online-retail-flip\/","title":{"rendered":"Online retail flip"},"content":{"rendered":"<p><a href=\"https:\/\/epaper.thehindu.com\/Home\/ArticleView\">Online retail flip<\/a><\/p>\n<p>Effects of Liberalisation; Indian Retail FDI, e-commerce<\/p>\n<p><strong><u>News:<\/u><\/strong><\/p>\n<ol>\n<li>Walmart is planning to buy a controlling stake of 77% in Flipkart, a home grown e-commerce company for a sum of $16 billion.<\/li>\n<\/ol>\n<p><strong><u>Important Facts:<\/u><\/strong><\/p>\n<ol start=\"2\">\n<li>Rivals of Walmart and their footprint in India:<\/li>\n<\/ol>\n<ul>\n<li>Amazon: Just behind Flipkart in the share of Indian e-commerce.<\/li>\n<li>China\u2019s Alibaba: Invested in Paytm Mall.<\/li>\n<\/ul>\n<p><strong>Reaction of various stakeholders:<\/strong><\/p>\n<ul>\n<li>Traditional retailers: Willingness to consider strategic alliances with online rivals.<\/li>\n<li>Walmart investors: \u00a0Consider this as an expensive bet as the firm will lose $8bn after the deal is finalised.<\/li>\n<li>Local trade lobbies: Determined to resist the deal.<\/li>\n<li>Analyst: Wondering how Walmart will turn around Flipkart\u2019s losses.<\/li>\n<\/ul>\n<ol start=\"5\">\n<li>Status of Online Retail in India: It is heavily dependant on \u201cdiscounts peddling\u201d. For example, Flipkart accumulated losses upto Rs 24,000 crore.<\/li>\n<li>Walmart has had a difficult past in India. For example:<\/li>\n<\/ol>\n<ul>\n<li>Entered India in 2007, but exited the joint venture with the Bharti group.<\/li>\n<li>Restricted its operation to cash and carry stores after stricter FDI norms in the Multibrand Retail.<\/li>\n<\/ul>\n<ol start=\"7\">\n<li>Walmart is facing competition from Amazon in the US which is expanding to brick and mortar plus retail model. This is the apt time for it to enter India\u2019s business-to-consumer segment.<\/li>\n<li>Indian policymakers should see how the US firm will integrate Indian suppliers into it international operations.<\/li>\n<li>This sector\u2019s debate of big vs small and local vs foreign debate should be kept aside. A truly level playing field is required where all can compete despite of such deals in the future.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Online retail flip Effects of Liberalisation; Indian Retail FDI, e-commerce News: Walmart is planning to buy a controlling stake of 77% in Flipkart, a home grown e-commerce company for a sum of $16 billion. Important Facts: Rivals of Walmart and their footprint in India: Amazon: Just behind Flipkart in the share of Indian e-commerce. China\u2019s&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/online-retail-flip\/\">Continue reading <span class=\"screen-reader-text\">Online retail flip<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-29496","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704601755},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/29496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=29496"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/29496\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=29496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=29496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=29496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}