India’s eCommerce Firms Brace for Additional Losses
NOVEMBER 1, 2018
This week India’s key eCommerce firms — Flipkart, Paytm Mall, PhonePe, ShopClues, and Swiggy — posted combined losses of ?6,445 Forrester sees the following trends the Indian eCommerce landscape […]. B2C ecommerce ecommerce amazon digital retail Flipkart Food Ordering India mobile Swiggy Uber6,445 crore (US$970 million) for the 2017-2018 fiscal year. We expect this to worsen in the coming years as companies scale up rapidly to capture market share.