You are here: Home >> English News & Features >> BUSINESS & ECONOMY

Land of Unicorns

DNMUM436392 | 5/16/2019 | Author : Priyanka Golikeri | WC :710

Whether it is e-commerce, ride-hailing or food tech, close to 90% of the market in all new-age businesses is controlled by Unicorns. So how do smaller firms carve out their space in a landscape dominated by Goliaths?

Consider this. Amazon and Walmart-owned Flipkart together control 90% of India’s e-commerce market, which is expected to grow to $150 billion by 2022. The US retail giants have their reach across categories like electronics, accessories, fitness, books, fashion, babycare, beauty, home appliances, to name a few. Similarly, ride-hailing Unicorns Ola and Uber control 90% of the $10 billion cab-hailing market in the country.
In the foodtech space as well, firms billion-dollar firms such as Swiggy and Zomato hold sway over a major chunk of the market. As per estimates by RedSeer Consulting, of the daily order volume of over 15 lakh, Swiggy clocks in roughly over six lakh orders, while Zomato manages about 5.2 lakh orders each day.

Read full story



Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on BUSINESS & ECONOMY

Franchisee fries
DNMUM436747 | 5/24/2019 12:00:00 AM | Author : Priyanka Golikeri | WC :722

Until quite recently, McDonald’s was in the news in India for all the wrong reasons. The souring of a franchise arrangement with Connaught Plaza Restaurants Pvt Ltd led to shutting down of 169 outlets in the North and the East, followed by r

Add To LightboxCalculate Price

India Inc hopes for a strong revival
DNMUM436749 | 5/24/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :354

Mumbai: India Inc captains hailed the return of National Democratic Alliance (NDA) to power with hopes that the next five years would take the country’s growth to the next level. The coming five years, industry leaders feel, will be about compl
Add To LightboxCalculate Price

It’s a mandate for structural reforms
DNMUM436750 | 5/24/2019 12:00:00 AM | Author : Edit | WC :192

As BJP gets a decisive mandate to form the next government, hopes are soaring on its propinquity to undertake reforms. There is a sense of emergency when economists talk about India’s need to revive consumption and investment, both of which hav
Add To LightboxCalculate Price

BSNL, MTNL revival tops govt agenda
DNMUM436751 | 5/24/2019 12:00:00 AM | Author : Mansi Taneja | WC :239

New Delhi: Revival of ailing telecom public sector firms, 5G technology trials and a new round of spectrum auction will be among the top priorities for the new government.Some of the crucial decisions have been pending owing to the general elec
Add To LightboxCalculate Price