So now as this is official that, the Big Daddy of e-commerce market AliBaba is entering in the Indian Market, Indian e-commerec gaint’s like FlipKart and Snapdeal are seems to be in tension. And they should be as the competition will increase and they will have to focus on every segment.
Meanwhile something very interesting is coming from these gaint’s founders. Flipkart co-founder Mr. Sachin Banshal commented on the Indian e-commerce companies funded by AliBaba. Recently PayTm has received $600M funding from AliBaba and SnapDeal, $500M. Just see the tweet from Mr. Sachin below-
In response to the tweet of Sachin, Snapdeal co-founder Mr. Kunal replied and one must say both have nailed with the recent news and trends 🙂