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Anonymous

Hey I am on Medial • 1y

Flipkart purchased Myntra in 2014. Flipkart purchased Jabong via Myntra in 2016. Walmart purchase Flipkart in 2018. Flipkart killed Jabong in 2020. Is it fair to purchase a company just to kill it? _S

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Nothing wrong with that ...I think that's the part of their strategy maybe

Anonymous

Hey I am on Medial • 1y

What you think about Zomato buying Uber Eats India just to kill Uber Eats Indian marketshare?

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Maybe they want any type of data or patented technology

1 Reply

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Anonymous

Hey I am on Medial • 1y

No its about marketshare. Deepinder himself told in a recent interview with Shradha Sharma, that there can only be maximum of two players in the country, which is the only way for a food delivery service to be successful, and its the only road towards profitability. It has to grow so big to make profits. If there's a third company with a substantial marketshare, Zomato will lose. What you think?

1 Reply

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