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One wonders who the dominant player will be in India, or Africa.
by lambdasquirrel 8y ago
One wonders who the dominant player will be in India, or Africa.
- solidasparagus 8y agoGiven India's protectionist stance towards foreign companies, I'm going to guess not Amazon or Walmart.
- 8ytecoder 8y agoThey are the only two players now (for all practical purpose)
- AareyBaba 8y agoCompanies like Harley-Davidson, Ford, GM, McDonalds, Dominos are running fine in India because they have plenty of local competition and create local jobs. Walmart, Amazon are seeing resistance because they could potentially put thousand of small business owners out of work. Boeing, Intel, Corning are doing great business in India because there are no local alternatives. I've even seen automotive lifts for auto repair shops with Made in USA in red-white-blue decals at local repair shops. Companies like Visa and Mastercard will see protectionist moves by the government as India goes digital 'cause there is no reason for a foreign duopoly to corner the huge market in India.
- solidasparagus 8y agoI was referring specifically to ecommerce players, in the context of the recent protectionist laws enacted by India in that area. And it is more than just protecting small business out of work since the laws specifically target foreign investment.
- sidthekid 8y agoAmazon is already the dominant player in India.