Is Flipkart bubble # 1 to pop
morgan stanley marks its investment of june 15 lower by 27%
Is a sell out on the cards if they cant raise $1Billion
They have already started including delivery charges in many products
http://wap.business-standard.com/article/companies/morgan-stanley-marks-down-stake-value-in-flipkart-by-27-per-cent-116022700334_1.html more
Is a sell out on the cards if they cant raise $1Billion
They have already started including delivery charges in many products
http://wap.business-standard.com/article/companies/morgan-stanley-marks-down-stake-value-in-flipkart-by-27-per-cent-116022700334_1.html more
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First, hope they don't go bust, then who would we go to for bargains? But having said that, we must remember that Flipkart and its ilk are just shopkeepers where both they and their associates, sell, albeit virtually. It is likely that the massive hoopla being created will sure ensure the demise of many of these kind of virtual shops in the years to come and will also consolidate other strong ones who have deep pockets and can trudge on. while the concept of online retailing is great, the drama around it and the hype is amazing...imagine, the owners have become $ billionaires by now. There's so much money pumped in, there's hardly any accountability. It reflects the trend of 'much money chasing paltry opportunities.' But someday the bubble will burst and if flipkart holds on till then, they would have made it. more
Feb 28
The promoters and investor in flipkart are a greedy lot.Their valuations are manipulated and hence their downfall is imminent.Where is the wealth generation in their business model.?? more
Feb 28
*sorry too many typos.... I am not sure, whether it is bubble no 1. But what I see is mushrooming of ecommerce portals is not sustainable. It will be like ".com" revolution that happend in last decade, and finally those with real strenght will continue and wrest woll wither away. Same thing is going to happen for online shopping portals. One need to be cautious, if investing in such companies. more
Feb 28
I am not sure, whether it is bubble no 1. But what I see is mushrooming of ecommerce portals is not sustainable. IT will be like ".com" revolution that happend in last decade, and finally thosw with real strenght will continue and wrist wither away. Same thing is going to happen online shopping portals. One need to be cautioous, if ivesting in such compnies. more
Feb 28
