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The Silicon Review Asia

Flipkart - Amazon’s Profit And Loss Graph Fluctuates: Yet Investors Still Pour in Cash

Flipkart - Amazon’s Profit And Loss Graph Fluctuates: Yet Investors Still Pour in Cash

Amazon and Flipkart are two such e-commerce companies or firms that are competing for the top spot in the Indian e-commerce sector. Both companies have faced loss and profit depending on its own level. The Loss of clutch for 30 companies that in terms of a year, which is from March 2018 is about Rs 17,000 crore. In other words about a 100% rise over the losses of Rs 8,000 crore or a figure equal to this was reported back in 2014-15. The Kotak Institutional Equities said that they have analysed the whole situation and they have observed that the accounts are yet to come in. For now, adding up all the loss it is projected to be over Rs 19, 000 crore. The profit, on the other hand, is estimated to be about Rs 62,000 crore. The pace of revenue might be slow and investors should be pulling back their money. But that’s not the case; they are actually sitting back and waiting for it to work out.     

From the sources of Tracxn, PE and VC firms have invested an amount of $7 billion in online ventures between the months of January and September. It is a little less than the $8 billion during this time last year but it is considered to be very impressive.

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