The overall losses increased by 68 percent in FY17 to Rs 8,771.4 crore as compared to the previous fiscal
50% of the e-commerce companies which are being set up are headed towards failure.
None of the digital commerce companies in India are profitable. They typically earn between 5-15 percent commissions but massive discounts and need to expand to more geographies saw those companies losing money. This can be a serious problem when the capital market tightens up.
Here are a few things Amazon India has done to gain a competitive edge.
Not all websites are doing well because understanding the core of the online market is not easy and requires certain characteristics and features will enhance the website and its offerings.