Alibaba seems to be taking slow and steady steps into the Indian ecommerce industry. The recent turn of events that have transpired between the Chinese company and Paytm (where the former holds a stake) have led us to believe that.
Around fifteen employees from Alibaba China are said to be visiting Paytm’s Noida branch to observe the working of Indian ecommerce. Now Paytm has said that there is no specific agenda to this; and employees of both companies frequently visit each other’s office. However, we have reason to believe that there is more to this.
Alibaba has long expressed its interest in establishing a footprint in India. Towards this end, the company has taken the following steps in the past:
Alibaba’s payments company Alipay recently announced that it would share its technological expertise with Paytm to help the latter build a payment platform.
The fact remains that Alibaba will soon be reason for Flipkart and Amazon to lose more sleep. Amazon was unable to capture the Chinese market thanks to home grown Alibaba’s clout. The company is facing a similar battle in India versus the blue-eyed marketplace Flipkart. In Indian ecommerce two is a crowd, three (Snapdeal is also in the game) is chaos and four will surely be all out mayhem.
Editor team is specialized in introducing the marketplace content targeting the Indian online sellers. They plan and coordinate to bring the appealing content for the small businesses on how to partner with the e-commerce sites like Amazon and Flipkart and strategies for improving their online business.
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