Ecommerce in India awash in losses; Amazon Flipkart, Paytm contribute 70% of total loss of Rs 10670 cr - Financial Express

Ecommerce in India awash in losses; Amazon Flipkart, Paytm contribute 70% of total loss of Rs 10670 cr - Financial Express

Financial Express

Ecommerce in India awash in losses; Amazon Flipkart, Paytm contribute 70% of total loss of Rs 10670 cr Financial Express Losses at e-commerce players piled up last year as they blitzkrieged their way to consumers pockets. Although revenues rose sharply, the costs — discounts, advertisements and expenses on employee — skyrocketed. Worryingly, the increase in revenues in ... Amazon loses Rs 3572 crore in battle for India's ecommerce crownEconomic Times From Flipkart to Amazon: For all their stellar sales figures, India's e ...Quartz Flipkart CEO says Amazon can't win e-commerce battle with capitalVCCircle Livemint -International Business Times, India Edition -ETRetail.com -Livemint all 44 news articles »