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To put that in perspective, if Flipkart has sales of $100M every day of the year, at $36.5 billion, it would be half of Amazon's e-commerce revenue of $67.9 bil
by amitutk 12y ago
To put that in perspective, if Flipkart has sales of $100M every day of the year, at $36.5 billion, it would be half of Amazon's e-commerce revenue of $67.9 billion [0].
[0] http://mashable.com/2014/05/08/amazon-sales-chart/ http://mashable.com/2014/05/08/amazon-sales-chart/
- shklnrj 12y agoI think you are looking at it from the economy perspective at current time. But in the long term, Indian market is going to grow and others are not going to grow at similar pace. The magic is in compound interest.
- rikacomet 12y agoalso, Amazon is available in lot of countries, whereas Flipkart is essentially India only. Over that, there is the currency and per capita differences.