Amazon and BigBasket are talking a possible acquisition but the deal isn't done yet.
Online grocery is the nextbigwhat for ecommerce industry - Flipkart which earlier shutdown its grocery business is relaunching it.
BigBasket has so far raised $150mn - if at all this deal happens, we hope BigBasket will continue to operate under its own brand identity.
Amazon buys WholesFood in US and may be they know the mantra of cracking Grocery business and delivery
Hope Bigbasket doesn't go Flipkart way!!!
True that !
And on the other hand Amazon is acquiring slack - i.e. wherever you are engaged (online/offline) you have to pass through Amazon.
Akkha internet ka don kaun Bhikhu Bezos !
BigBasket and Amazon have entered into a 60 day exclusivity agreement during which time the e-grocer cannot engage with another party for a potential sale.
Is Flipkart talking to Grofers?
I think BigBazaar is one big loser in this entire game.
They could have been the next 'whole foods' but then, they never scaled up / diversified (trying hard to crack fashion) beyond the basic offering.
Flipkart talking to Grofers??? Good one
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