Amazon buying MX Player is a masterstroke! 🙌🙌
Here's why it wants a 3rd streaming platform. Let’s start from the start 👇
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Basics:
-> MX was developed by Korea’s J2 Interactive to play downloaded videos on smartphones
-> By 2018, it had 175m
Just as we look at India’s second-hand car market, we can similarly look at India’s second-hand mobile market. There is still a significant gap here, especially in Tier 3 and Tier 4 cities. While there are some startups in Tier 1 cities, no one is cu
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3 replies5 likes
Uttkarsh Singh
Stealth • 13d
That's why I say invest in Tier 2 and Tier 3 cities.
Tier 2 and tier 3 cities in India are becoming significant hubs for startups, approximately 45% of the country's recognized startups ~ DPIIT
0 replies4 likes
Raj Bahadur
Stealth • 1m
guys what do you think there is opportunity to build q commerce platform and expanding in tier 2 and tier 3 cities same as meesho did where the flipkart and Amazon focusing on tier 1 meesho find the opportunity and grabbed the tier 2 and tier 3 city
Do you really think that starting an quick commerce platform for tier - 2 and 3 cities is sustainable ?
10 replies6 likes
Sidharth Bidikar
Stealth • 6m
As living expenses in Tier 1 cities soar, companies will eventually shift to Tier 2 cities, enabling them to hire talent with lower investment. #Business #Talent #CostEfficiency #startups #india
4 replies10 likes
kamal p
Stealth • 7m
Problem- 60% of the carts on e-commerce websites are abandoned in tier 2 cities due to longer delivery times.
Solution- Become Amazon prime/meesho for tier 2 cities by opening a warehouse in major tier 2 cities and give faster deliveries.
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