Online marketplace is the most buzzing thing on the web with marketers, vendors, variety of products, maximum offers to get noticed. Remember Flipkart’s $1 billion dollar investment announcement, followed by Amazon’s $ 2 billion dollar announcement? All of it indicates that it the big bloody fight is on.
The Indian e-retailer is giving a tough time to the foreign biggie Amazon. However, since it entered India online market, Flipkart has seen a drop in its market share. The $15 billion-valued Flipkart is also trying to get exclusive brands to offer steeper discounts, just like the other portals.