In the era of progressive outlook, Flipkart had emerged to be a major manifestation in the field of e-commerce.
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Pic Courtesy :- YOURSTORY |
A pioneer in Indian e-retail, Flipkart went from your go-to place for books to now, for everything under the sun. However, we aren't really unaware of Walmart buying upto 75% equity stake in the company. We can easily relate to the fact now that the forthcoming biggie, Walmart can cause a reduction in prices. As it was already prevalent that Amazon was guilty of luring away Flipkart customers to a great deal because of its promising products and cheaper price policy, Walmart claims to provide greater benefits to the consumers for its eminent price factor. Hence, a prosperous e-retail market turbulence between amazon and flipkart can be expected in future.
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