#flipkart losses

[newsso]

Flipkart suffered a loss of more than Rs 7,800 crore

Flipkart suffered a loss of more than Rs 7,800 crore

One of the largest e-commerce companies, Flipkart suffered a loss of more than Rs 7,800 crore in the financial year 2021–22. This loss is related to its business-to-business unit Flipkart India and B2C e-commerce unit Flipkart Internet. Due to this, the total loss of these two units in the last financial year was around Rs 5,352 crore. Image Source: Google Image According to the company’s…

[sivavakkiyar]

On August 17, the Telangana Gig and Platform Workers Union (TGPWU) released a report revealing alarming findings from a survey conducted in June 2024. The survey, which involved 166 workers from Telangana and Hyderabad, focused on the impact of extreme heat waves on gig and platform workers, particularly those employed by app-based companies like Ola, Uber, Swiggy, Zomato, and Flipkart.

The report highlighted that 52% of the workers surveyed experienced heat exhaustion during extreme heat waves. The survey included a substantial portion of workers—79 of whom have been in the sector for five years—with 51% being members of the TGPWU.

In addition to heat exhaustion, 30% of the workers reported suffering from heat stroke, while 27% experienced dehydration. Notably, out of 19 women surveyed, 13 reported that working in extreme heat exacerbated menstrual cramps, with some also experiencing urinary tract infections (UTIs) due to the harsh conditions.

“Workers also have limited access to cooling resources and healthcare. Many platform companies do not offer adequate support, such as healthcare services or paid sick leave. 65% of surveyed workers urge the government to provide clean water and toilets, while 55% call for shaded rest areas. Additionally, 43% support a break in working hours during peak heat times, with compensation to mitigate income loss,” the report said.

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[entrackrme]

Zepto raises $340 Mn at $5 Bn valuation

Zepto, a quick commerce company, has raised $340 million in a follow-on financing round led by General Catalyst, bringing its valuation to $5 billion, up from $3.6 billion in June. The firm has raised over $1 billion in 2024 and plans to double its dark stores to 700 by March 2025, expanding into new markets and strengthening its presence in metro cities. Zepto delivers over 10,000 products within 10 minutes nationwide, and the company is nearing EBITDA positivity with 140% year-on-year growth. Despite a 14-fold revenue increase to Rs 2,024 crore in FY23, its losses widened to Rs 1,272 crore. The quick commerce sector is heating up with competitors like Flipkart, BigBasket, and Amazon, with Blinkit currently leading the market.

If you want to get complete information related to this topic click HERE.

[coreiot]

Wi-fi Antanna In Chennai

WiFi antennas in India come in various types and are used to extend the range and improve the signal strength of wireless networks. Here’s an overview of some common WiFi antenna types available in India and their typical uses:

Types of WiFi Antennas

Omnidirectional Antennas

Description: These antennas radiate signals in all directions (360 degrees horizontally).

Use Cases: Ideal for general-purpose WiFi coverage in homes, offices, and small outdoor areas.

Directional Antennas

Description: These antennas focus the signal in a specific direction, providing longer range and better performance in that direction.

Use Cases: Used for point-to-point connections, such as between buildings or for targeted coverage in large open areas.

Yagi Antennas

Description: A type of directional antenna with a high gain, often used for long-distance communications.

Use Cases: Suitable for rural areas where the WiFi source is far from the user, such as connecting to distant WiFi hotspots.

Parabolic Grid Antennas

Description: These antennas have a parabolic shape, providing very high directional gain.

Use Cases: Used for very long-distance point-to-point links, often in combination with outdoor WiFi systems.

Panel Antennas

Description: Flat antennas that can be mounted on walls or poles, offering moderate to high gain.

Use Cases: Ideal for point-to-multipoint setups, covering a specific area with stronger signal.

Popular Brands and Models in India

TP-Link

Models: TP-Link TL-ANT2408C (omnidirectional), TP-Link TL-ANT2415D (directional)

Known for: Reliability and good performance for home and small business use.

Ubiquiti

Models: Ubiquiti NanoStation (directional), Ubiquiti AirGrid (parabolic)

Known for: High-performance antennas suitable for professional and enterprise use.

Netgear

Models: Netgear AC1200 WiFi Range Extender (includes antennas for extended range)

Known for: Easy-to-use solutions for home and small office networks.

D-Link

Models: D-Link ANT24–0700 (omnidirectional), D-Link ANT24–2100 (directional)

Known for: Affordable and effective WiFi solutions.

Buying Considerations

Range and Gain

Higher gain antennas provide better range but may have a narrower coverage area.

Consider the environment (indoor vs. outdoor) and the distance you need to cover.

Compatibility

Ensure the antenna is compatible with your router or access point.

Check for connectors (RP-SMA, N-Type) and ensure they match your equipment.

Usage Environment

Indoor antennas are typically less rugged than outdoor models.

For outdoor use, look for weatherproof and durable designs.

Regulations

Be aware of local regulations regarding the use of high-gain antennas and frequency bands.

Where to Buy

Online Retailers: Amazon India, Flipkart, Snapdeal, etc.

Electronics Stores: Reliance Digital, Croma, Vijay Sales, etc.

Specialized IT Shops: Local computer and networking equipment stores.

Tips for Optimal Use

Position antennas in a central location for omnidirectional coverage.

Elevate antennas to reduce obstructions and improve line-of-sight.

Use quality cables and connectors to minimize signal loss.

By considering these factors, you can choose the right WiFi antenna to improve your network’s performance in India.

[manikandan1520]

flipkart Money Loss Recored success full details in Tamil@Tech and Tech...

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[socialmediaforu]

🌍 **Global Job Losses: A Wake-Up Call!** 📉

Recent trends show a significant rise in job losses worldwide. Countries like the USA, Canada, European nations, India, Singapore, and Japan have been notably affected. Here’s a quick look at the annual job loss percentages:

- **USA:** 7%

- **Canada:** 6%

- **European Countries:** 5%

- **India:** 8%

- **Singapore:** 5%

- **Japan:** 4%

These numbers are concerning, and it’s crucial to think beyond traditional employment for financial stability.

💡 **Create Additional Passive Income Streams** 💡

To safeguard your future, consider diversifying your income sources:

1. **Start a YouTube Channel:** Share your expertise, hobbies, or passions with the world. It can become a reliable source of passive income. Check out my YouTube Tutorial playlist to get started:

2. **Write Books:** Turn your ideas and knowledge into books. This not only generates income but also establishes you as an authority in your field. My book, "Earn Money 24 Hours a Day, 7 Days a Week: Passive Income Even After You Die," is a great resource for turning your dreams into actionable content. You can purchase it on Flipkart:

https://www.flipkart.com/earn-money-24-hours-day-7-week-passive-income-even-after-you-die-convert-dreaming-action-reality-open-power-your-subconscious-mind-become-influencer/p/itmd5ac712c722c4?pid=9789356487468

or search for the title on Amazon, Flipkart, or Ziffybees website.

👥 **Engage and Connect!** 👥

If you found this post helpful, please:

- **Comment** 📝

- **Repost** 🔁

Together, we can navigate these challenging times and build a more secure future!

#JobLoss #PassiveIncome #YouTube #Author #FinancialSecurity #Tumblr

[sweatynisha]

🌍 **Global Job Losses: A Wake-Up Call!** 📉

Recent trends show a significant rise in job losses worldwide. Countries like the USA, Canada, European nations, India, Singapore, and Japan have been notably affected. Here’s a quick look at the annual job loss percentages:

- **USA:** 7%

- **Canada:** 6%

- **European Countries:** 5%

- **India:** 8%

- **Singapore:** 5%

- **Japan:** 4%

These numbers are concerning, and it’s crucial to think beyond traditional employment for financial stability.

💡 **Create Additional Passive Income Streams** 💡

To safeguard your future, consider diversifying your income sources:

1. **Start a YouTube Channel:** Share your expertise, hobbies, or passions with the world. It can become a reliable source of passive income. Check out my YouTube Tutorial playlist to get started:

2. **Write Books:** Turn your ideas and knowledge into books. This not only generates income but also establishes you as an authority in your field. My book, "Earn Money 24 Hours a Day, 7 Days a Week: Passive Income Even After You Die," is a great resource for turning your dreams into actionable content. You can purchase it on Flipkart:

https://www.flipkart.com/earn-money-24-hours-day-7-week-passive-income-even-after-you-die-convert-dreaming-action-reality-open-power-your-subconscious-mind-become-influencer/p/itmd5ac712c722c4?pid=9789356487468

or search for the title on Amazon, Flipkart, or Ziffybees website.

👥 **Engage and Connect!** 👥

Together, we can navigate these challenging times and build a more secure future!

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[love-bookrelease]

"Nav - Udit" New Beginning by Chandra Kumari M

About The Book

"Nav-Udit" invites readers on a poignant expedition through life's highs and lows, love's ecstasy and heartache, and the profound abyss of loss. Chandra's narrative delves into the intricacies of human emotions, probing the depths of joy and sorrow that reside within every heart, alongside the existential queries that linger in our minds. Even amidst the darkest of times, a glimmer of hope persists, illuminating the pages of this evocative collection. From the tender beginnings of romance to the anguish of heartbreak, from the awe-inspiring beauty of existence to the enigma of mortality, Nav-Udit offers an unfiltered portrayal of the human condition.

Chandra's sincere reflections and personal anecdotes serve as a mirror to readers' own journeys, prompting introspection and nurturing resilience. Through her words, she imparts a message of perseverance and renewal, reminding us that no matter the adversities faced, the prospect of a fresh start and a brighter dawn always remains within reach.

About The Author

Chandra, a devoted poet and writer, possesses an enduring passion for self-expression and personal development. For two decades, writing has been her cherished pastime, serving as a medium to articulate emotions ranging from love and pain to achievements and life's peculiarities. Despite life's demanding nature, her dedication to poetry has remained steadfast.

However, the recent loss of her mother left an unfathomable void in Chandra's life, plunging her into darkness. Yet, it was poetry that became her guiding light, pulling her from despair and providing a channel to navigate her profound grief through words. Now, with her mother's divine blessings, Chandra's long-cherished dream of publishing a book is finally becoming a reality.

Shop Now on Amazon, Flipkart and BlueroseOne

[healthydryfruitsforyou]

8 Amazing Health Benefits of Dry Fruits - The Harmony

Everything requires time to know its value. Nuts like almonds and walnuts are essential and expensive because they are a powerhouse of nutrients that provide many health benefits. In this fast-paced world, you are always looking for some shortcuts even when it comes to food. Therefore, dry fruits and nuts can be a healthy and tasty snack for your tummy in between your meals. They are highly nutritious and rich in proteins, vitamins, dietary fiber and minerals and are packed with lots of benefits.

Health Advantages of Dry Fruits –

Increases immunity-

Dry fruits are rich in essential oils, proteins, potassium, calcium which help in boosting your immunity. Also, the presence of antioxidants in it can help you fight various infections and diseases.

Helps in reducing weight-

Dry fruits and nuts are excellent for weight loss if you eat them in moderation. They are low in fat, carbohydrates, sugar and high in protein and essential oils

Keeps your skin healthy and wrinkle free-

Who doesn’t want to look beautiful and young? Dry fruits can help you in this and keep your skin glowing and glowing. They are rich in essential oils and antioxidants that help your skin to have healthy skin and prevent aging.

Fight constipation-

Dry fruits contain huge amounts of dietary fiber which helps fight constipation and keep your intestinal system healthy.

Helps in Preventing Cancer-

Almonds and cashews are known to prevent breast cancer. They are rich in antioxidants and phytonutrients that inhibit the activity of cancer-causing cells

Maintain a Healthy Heart-

Dry fruits can control cholesterol levels and normalize blood pressure, especially raisins. They also reduce the risk of heart disease, stroke etc.

Healthy Bones-

Dry fruits are rich in protein, calcium and other micronutrients that help in maintaining healthy bones and strengthening them.

Fight Stress and Depression-

Dry fruits are very effective in fighting depression and stress. They also improve brain health and memory.

Fight Anemia and Increase Hemoglobin-

Raisins and plums are rich in iron, which is beneficial for people suffering from anemia. Dry fruits contain essential nutrients like vitamins A, B and K; Minerals such as copper, magnesium and iron; And unsaturated fats that help regenerate red blood cells and hemoglobin in the body. Dry fruits are a very important part of our diet because they contain a huge amount of nutrients. Consuming it in balanced amounts can improve the way you look and feel.

Buy Our Delicious Products - Click Here: Flipkart-The Harmony Dry Fruits

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[digitamizer]

Snapdeal’s Epic: Story of Rise and Fall

Snapdeal’s Epic: Story of Rise and Fall

Snapdeal, once known as one of the most trusted marketplaces, had the most dramatic rise and fall, challenges, and opportunities in the digital marketplace. From its inception till 2017, Snapdeal’s journey has been a lesson of innovation, competition, wrong decisions taken, and lessons learned.

Inception and continuous journey

Kunal Bahl and Rohit Bansal founded Snapdeal in February 2010. In the beginning, it was a daily deal platform as a coupon provider. Initially offering discounts on a wide range of products and services. Later, company officials found the scope of e-commerce business in India and they changed the website to a full-fledged online marketplace.

Early days and funding

Since the company started in the days when people started using smartphones and the internet, it has seen exponential growth in users as well as in business. Snapdeal‘s business model was to offer products at competitive pricing. The company attracted funding from good and big investors, including Nexus Venture Partners, Kalaari Capital, and Softbank, which added substantial capital to fuel its expansion. Ratan invested. Also, other investors were Ru-Net Holdings, Premji Invest, Tybourne Capital Management, Temasek Holdings, Blackrock, eBay, Saama Capital, Intel Capital, Ontario Teachers’ pension account, Singapore-based investment entity. Brother, Alibaba Group,  Foxconn Technology Group,  Bessemer  Indo US Ventures, Fortune Apparel

Story of Success

When Snapdeal was busy building too many warehouses they never worked on their USP in categories like Flipkart had fashion and electronics and Amazon had pantry and prime. By 2014, Snapdeal had a significant number of customers and a market share, and in March 2015, their total market share was 24% and September 2015 was the peak when they had a market share of 25%’. , Snapdeal has had the highest number of warehouses to Amazon and Flipkart.

Acquisition and Ventures

Snapdeal bought many companies but most of them failed. They bought Exlusively.com earlier but it shut down in a year. Also, they were in talks to acquire fashion marketplace VOONIK and e-commerce marketplace Zapyle but failed after some stages of discussions. The company acquired companies like Reducedata, RupeePower, Doozton, TargetingMantra, Reduce Data, Fashiate, MartMobi Technologies, RupeePower, Exclusively, Wishpicker, Doozton, Shopo, eSportsBuydotcom, Grabbondotcom. that did not give any fruitful result.

They bought GOJAVAS but failed to utilize it and finally sold it to Pigeon Express despite a 20 million investment in GOJAVAS. Another acquisition was FREECHARGE, which acquired 350 million and, for that, was a competitor of PAYTM but did not capitalize and, due to a loss, Snapdeal sold it to AXIS BANK for 80 million. Freecharge could be a game changer if it was done during demonetization but did not attract more customers and it was a loss deal.

Another big acquisition was Unicommerce, which was an e-commerce-enabled software used to manage warehouses and inventory. This platform was very popular with sellers who used to sell on marketplaces. Snapdeal acquired this company in 2015 in undisclosed amount. However, the company did not get fruitful results after the acquisition. Their tie-ups with redBus, ClearTrip, Urban Clap, which is now known as Urban Company, and Zomato for their respective services failed to make any impact.

Strategic Mistakes

Inhouse Seller or Armband Seller

Every big company in e-commerce had its seller, like Flipkart had WS Retail and Amazon had Cloudtail and they were getting the maximum sales of their website from these sellers, whereas Snapdeal did not have any.

Omni Channel Failure

It could be a game-changer but didn’t happen. In this process, customers can order a product and pick up the order in 2 hours from any store and the offer is not available in cash on delivery. Tata Cliq had the same practice. Initially, Omni Channel started in 70 cities.

No Grocery and Furniture Category

The furniture and the grocery category was one of the big revenue generators of the e-commerce marketplace. In 2016, total sales of these categories were $25 Billion and $ 250 million sold online, whereas in 2020, $35 Billion was total sales and $750 million online. It was indicates that these two categories are getting a significant share in online sales. Snapdeal did not have either of these.

Value Added Service

Like Amazon, Amazon Prime gives benefits to shipping and delivering the order the next day in 499 rupees. In 2015 it said one in every three orders is a prime order. They also offer other benefits, like Amazon Prime Video. Snapdeal launched Snapdeal Gold and they started delivery on the next day delivery and also gave customers 14 days return time instead of 7 days, but at the end of the year, they got only 20% of orders, which was from Snapdeal Gold. Customers wanted more apart from shipping, which they did not have to offer, like Amazon Prime video.

Customer Version on Snapdeal

A lot of customers started claiming that they were receiving the wrong item, counterfeit items. Customers were receiving the items after the promised delivery day. There were a lot of complaints about late delivery and package mishandling. Some customers received bricks instead of phones, However, brick delivery happens with other websites too.

So, the latter one was instructions from the courier company if the package value is higher to ask the customer to open the package in front of the courier guy, and if there is any issue then can be addressed at the same time. Customers started moving to other marketplaces after September 2015 and Snapdeal started losing its business. They wanted to give a discounted product instead of having a loyal customer base. They never focused on it.

Boycott Snapdeal

It happened twice by some groups and many customers uninstalled the Snapdeal app and rated 1 or 2 on the Google Play store. The first time, it happened due to a statement by Amir Khan who was the brand ambassador for this company, and 2nd time there was some issue with Snapchat but it was communicated that Snapdeal had done this. If a company’s graph is going down, then a couple of factors about losing customers can be a lot and the same happens with this company.

Seller Version on Snapdeal

Sellers Basic Issue

I was also one of the sellers of Snapdeal and I have seen it very closely and know the views of a lot of sellers. Seller support of Snapdeal was not good and it even seems they do not keep the follow-up if you contact them regarding the issue. Every day they had technical problems with their panel and it was not easy to process the order on time.

They started increasing the commission on the items and there was a time when they were charged 2.5 times in comparison to other marketplaces. A lot of fraudulent orders started coming to the panel and the seller was supposed to pay for the shipping of those orders. We were getting a lot of COD returns. However, these were the general issues.

Account manager for the seller

Every account had an account manager who was visiting the premises of the sellers from time to time. But their only interest was to sell loans and advertisements. Most of the salespeople wanted to increase their business in an organic way but they wanted to get a part of the sale in terms of advertising for sale.

Big Strategic Mistake

Snapdeal started a process where every person has to send their products to a warehouse and all the orders will be fulfilled from there. Unlike Amazon, where you have the right to choose the product you would like to send to a fulfillment center and you can even do additional listing on Amazon as fulfilled by a seller. But this option was not available in Snapdeal.

They said that a seller can ship a maximum of 5 orders from their premises. When sellers sent their products to warehouses, some were lying for weeks and sellers started complaining about it but the issue was not resolved. Later on, Snapdeal asked sellers to get the items from a warehouse. When they went to pick up, they found that a lot of items were missing and this was done by the warehouse team members. A lot of complaints were about it but nothing happened.

In this whole scenario, Snapdeal was the only loser. They restricted the order to 5 and the buyer wanted the item and when they tried to purchase the item, it showed out of stock. So, they purchased from other marketplaces. So, the only loser was the policymaker.

Order Fulfilment Issue

During the sale, their fulfillment capacity, once finished, blocks the order from customers and does not take any more orders. However, small and medium sellers were at a loss as they were getting hardly any orders due to fulfillment capacity, whereas they also spent some amount on inventory and warehouses. On the other hand, some sellers were receiving orders on other marketplaces. So, they almost lost their trust in the company in return on investment. So, they started working with other marketplaces.

CEO and Management Decisions 

Another big setback for the company was the leaving of Nikesh Arora from Soft Bank. He was president of Soft Bank.

Snapdeal Merger with Flipkart

Sanpdeal was the only Unicorn e-commerce company that crossed first the market value of $1 Billion. In the middle of 2015, it reached $6.5 Billion. However, due to their internal policy and customer dissatisfaction, they started losing their business. Their customer share decreased from 25% to 4%. Flipkart tried to acquire Snapdeal and it was almost done. However, due to big opposition from investors, it did not happen.

Snapdeal 2.0

Since the merger did not happen with Flipkart, then the company started once again. It was called Snapdeal 2.0. However, as per their claim, they minimized some losses and gained new customers. But, the same number of customers did not start purchasing from Snapdeal. In the new system, they remove badly rated sellers and give benefits to good well-rated sellers. Their other policy is to involve manufacturers and ship the order directly from manufacturer to customer. We call it M2C(Manufacturer to Customer).

It was claimed that revenue from operations increased by 85% and traffic increased by 100%. Where 80-90% of orders are being received from non-metro locations. The company added 6 million new customers during the lockdown and 20K more sellers were added during that lockdown time.

Snapdeal aims to achieve profitability within the next quarter, as it bets heavily on the value customer base to drive growth, according to Himanshu Chakrawarti, CEO, Snapdeal Marketplace.

We are hoping that the company can do best in this sector. However, it is very hard to regain customers and build trust again.

Digital Marketing Services and E-Commerce Solutions in Delhi, India.

Also, read the below articles:

RISE AND FALL OF AN E-COMMERCE GIANT – eBAY INDIA

Flipkart – An online bookseller to one of the largest marketplaces

E-Commerce: The Internet’s Retail Revolution

The Social Media Revolution: From MySpace to TikTok

Online Marketplaces – Unleashing the Power of Digital Marketing Influence

Digital Marketing Services, SEO and E-Commerce Solutions in Delhi, India

Author – Farhanul Haque

This article is written by the Founder of Digitamizer who has been working in the e-Commerce Sector Since 2006 and is also a certified Digital Marketing Professional from IIT, Delhi, India.

[dmengineers-blog]

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[manikandan1520]

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