Festivities burn a $400 mn hole in e-commerce players' pockets - VCCircle

Festivities burn a $400 mn hole in e-commerce players' pockets - VCCircle

VCCircle

Festivities burn a $400 mn hole in e-commerce players' pockets VCCircle Smartphones are fast disappearing off the virtual shelves this festive season. And, if Flipkart is to be believed, Indian consumers have helped the homegrown e-commerce major take an unassailable lead over competition. In fact, Flipkart claims to have ... Led by cash-rich Flipkart and Amazon, Indian e-tailers will burn up to 60% more cash this festive seasonQuartz E-commerce companies could see a fast cash burn in festive sales this year, says reportFirstpost all 3 news articles »