Alright – so Alibaba is entering India and while that’s a great reinforcement of Indian ecommerce opportunity, it also says a few things about Alibaba’s investment in Paytm ($680mn) and Snapdeal ($500mn round).
Flipkart’s Sachin Bansal sums it cleverly
Alibaba deciding to start operations directly shows how badly their Indian investments have done so far
— Sachin Bansal (@_sachinbansal) March 25, 2016
Ouch!
Kunal Bahl takes a shot at Flipkart over the much talked about 27% drop in valuation
Didn't Morgan Stanley just flush 5bn worth market cap in Flipkart down the ?? Focus on ur business not commentary 🙂 https://t.co/8NpkhWWo2j
— Kunal Bahl (@1kunalbahl) March 25, 2016
Now wait for Paytm to do a PR?
The State of Indian Ecommerce
This pretty much describes it.
9 comments
This is funny 🙂
Yeah, focus on Business and not Commentary!
Good hit! 🙂
Kunal is right, Sachin should focus on his business.
Very Funny 😛
Best Reply Ever by Kunal…..
I think Sachin is not very disturbed because of alibaba entry
Good Reply By Kunal Behl, loved it 🙂
Lol 😀 this is really funny!
It is a natural reaction from Flipkart. Alibaba can turn the tides in unprecedented ways.