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Everything speculated here is VC money and financial bubble with unrelaible financial values. Zomato, uber, paytm, flipkart throw discounts at the rate of losse
by limeman 7y ago
Everything speculated here is VC money and financial bubble with unrelaible financial values. Zomato, uber, paytm, flipkart throw discounts at the rate of losses. May be few can survive at the end. This hurts a lot for SMB too.
- Lucadg 7y agoOYO too, they raised 1.7 B.
- puranjay 7y agoFlipkart has already had a successful exit. Though if I'm honest, I don't see a path to profitability for PayTM and Ola.
- bahularora 7y agoPaytm will be one of the leaders with the new Ecomm model. I am sure they will be a huge player in ecomm also dont forget they would be the largest bank in India.
- puranjay 7y agoTheir losses increased from some ~1300cr to ~3000+cr while their revenue grew by 8% Not sure where you can draw a path to profitability from that.