They have a competitive advantage, first of all they are not independent, owned by flipkart.
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Udyamee
Baki sab thik ? • 11m
Phonepe was acquired by Flipkart in 2016.
Later
In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart.
So, why need another UPI app?
E-commerce companies like Flipkart nowadays are not accepting refund requests directly. Instead, they are making customers talk to their support team first. This gives them an advantage unnecessary return orders will decrease, and only genuine return
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Kimiko
Startups | AI | info... • 1m
All of these big media brand names are owned by Mukesh Ambani.
Meta plans to build a $10B+ subsea cable spanning 40,000+ km, connecting the U.S., India, South Africa, and Australia.
This will be Meta's first fully-owned subsea cable for secure, independent infrastructure.
How Amazon and Flipkart used to avoid scam by sellers during early days? I am asking when Fulfilment by Amazon and Flipkart was not very prominent. I have heard in news channels that one guy ordered laptop through Flipkart have received bricks.