Digital economy

Hot potato, hotter pursuit: Amazon, Alibaba, and Walmart are gunning for your grocery budget, again. This time, it’s make or break.

After repeated stumbles, India’s e-commerce heavyweights are readying new battle plans.
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10 Oct 2018 0 comment
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A vegetable vendor in Kolkata; Yvan Cohen/LightRocket/Getty Images
"What's important at the grocery store," former GE chief executive and business oracle Jack Welch once said, "is just as important in engines or medical systems."Turns out, you could kick ass in everything else, but still fumble at bagging lettuce.Ask India’s e-commerce market leader Flipkart. The one category where it has spectacularly failed is grocery. Busy building . Although at the moment Alibaba might look like the strongest contender to control Bigbasket, according to the source cited above, Alibaba is still a minority investor in the firm, and it does not have the power to block a buyout offer from a third party. That leaves the game pretty much open. Let the cook-off begin.(Graphics by Ankita Mehrotra)
"What's important at the grocery store," former GE chief executive and business oracle Jack Welch once said, "is just as important in engines or medical systems."Turns out, you could kick ass in everything else, but still fumble at bagging lettuce.Ask India’s e-commerce market leader Flipkart. The one category where it has spectacularly failed is grocery. Busy building . Although at the moment Alibaba might look like the strongest contender to control Bigbasket, according to the source cited above, Alibaba is still a minority investor in the firm, and it does not have the power to block a buyout offer from a third party. That leaves the game pretty much open. Let the cook-off begin.(Graphics by Ankita Mehrotra)

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