Walmart nails deal with FlipkartIn the e-commerce sector’s biggest deal yet, retail giant Walmart paid USD16 billion to acquire a 77% stake in Flipkart – one of India’s most successful e-tailers.
With India’s e-commerce sector set to grow four times by 2023, Walmart is looking at supporting Flipkart’s ambition to become a publicly-listed subsidiary in the future.
However, the revenue growth rate for Flipkart in 2016-17 was only 29%, a far cry from the 50% growth rate of the previous year.
Will Walmart’s deal with Flipkart create an Indian Taobao?
Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.
These projects integrate traditional customer research with knowledge of the broader business eco-system; for instance, competitors, channels, legal and regulatory factors. They support strategic decision-making for market growth and entry. Our studies provide indispensable tools for creating business plans, setting sales quotas, quantifying budgets and investment as well as making product launch decisions.
Spire exists to undertake such projects with distinction.
Unit 501-502, DLF City Court,
DLF Phase III, Sector 24, Gurugram – 122002, India
Telephone: (91) 124 421 6144
Fax: (91) 124 422 1934
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Walmart nails deal with Flipkart here
News-ID: 1243933 • Views: 593
More Releases from Spire Research and Consulting
Leadership Succession in Spire
In this planned leadership succession, Rio Funayama will assume the position of CEO of Spire. Jeffrey Bahar and Japnit Singh will each assume the position of joint COO and will extend their current executive leadership functions with respect to Spire’s operations. Go Sakano will assume the role of CFO of Spire. November 1, 2021, Singapore – The Spire Research and Consulting Group and its parent company Yamada Consulting Group Co., Ltd
Spire expands global footprint with inaugural venture into the MENA region
Spire Research and Consulting, leading provider of business research and consulting, and a group company of the TSE Listed Yamada Consulting Group, has expanded its global footprint to the markets in Middle East and North Africa (MENA). The company has entered into a joint venture (JV) with United Arab Emirates (UAE) headquartered ZASK Associates, a leading provider of business and strategy consulting to companies in the MENA region. The new company,
Spire speaks on Cloud computing and IoT at the GATES Indonesia ICT Channel Summi …
Spire was honored to participate in the GATES Indonesia ICT Channel Summit, 2019 as Research Partner. The Summit was held on 18-20 June, in Bali. Albertus Edy Rianto, Senior Manager and Astri Welmien Tompodung, Senior Consultant, Spire Indonesia, shared their insights on the rise of Cloud computing and the internet of things (IoT) in Indonesia's business landscape. The speakers discussed how, through the continued technological advancement, ICT is becoming a general
Will compost turn out to be the magic mineral for African agriculture?
Introducing phosphorous back in African soil is important as it helps plants in early life to build root systems. 80 per cent of phosphate reserves are controlled by five countries. Morocco has 75 per cent of the global reserves. After an 800 per cent price hike in 2008, phosphate rock has become costly. An alternative option is compost. Compost not only provides phosphorous and other nutrients but can also restore the soil
More Releases for Flipkart
Homeshopping Market is Booming Worldwide with Amazon, Ebay, Flipkart
Latest published market study on Global Homeshopping Market provides an overview of the current market dynamics in the Homeshopping space, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that are in coverage of the
Rebooting Retail Market Seeking Excellent Growth | Flipkart, Amazon, Vivo
HTF MI added a new research study in its database with title 'Rebooting Retail - Emerging Technologies Key for Major Transformation' that includes detailed analysis, Competitive landscape, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. The study covers
E-Commerce Market Boosting The Growth Worldwide: Amazon, AliExpress, Myntra, Fli …
HTF MI started a new business research with title COVID-19 Outbreak-Global E-Commerce Market Study Forecast till 2027 . This COVID-19 Outbreak-Global E-Commerce market report brings data for the estimated year 2021 and forecasted till 2027 in terms of both, value (US$ MN) and volume (MT). The report also consists of detailed assessment macroeconomic factors, and a market outlook of the COVID-19 Outbreak- E-Commerce market. The study is conducted by applying
Digital Retail Market is Booming Worldwide | Flipkart, Ebay, IBM
Latest released the research study on Global Digital Retail Market, offers a detailed overview of the factors influencing the global business scope. Digital Retail Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Digital Retail. The study covers emerging player’s data, including: competitive
Global Automotive E-Tailing Market 2018 - Continental AG, Flipkart, Delticom AG
Apex Market Reports, recently published a detailed market research study focused on the "Automotive E-Tailing Market" across the global, regional and country level. The report provides 360° analysis of "Automotive E-Tailing Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Automotive E-Tailing industry, and estimates the future trend of Automotive E-Tailing market
Summer Shopping 2018: Flipkart is Out with Refreshed Summer Collection
Every year fashion industry adds new styles, trends, and designs to the wardrobe. This year too there is refreshed fashion collection out for summer 2018. On one hand, the runways bring back the earthy and pastel colors while on other hand, there was a continuation of floral embroidery and prints. Apart from this, the designers have raised their bar with unique summer friendly office wears. Get all such summer inspired