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Google could make its e-commerce in India – Coder In Me

Google is reportedly attending to defy Amazon and Flipkart with its own ecommerce platform which is able to launch 1st in Bharat, Google could make its e-commerce in India.
The ecommerce market in Bharat may be poised for an enormous boost as a brand new report suggests that Google may be attending to launch its own platform to vie with the likes of Amazon and Flipkart. The news comes when Google was reportable to be in talks with Flipkart for a $2 billion investment post its touch upon WalmartAccording to Business commonplace, Google could have currently shelved its plans to speculate in Flipkart. Sources tell the publication that the Mountain View-based schoolconglomerate is making an attempt to travel solo in its ecommerce foray, which it’d do thereforebeginning with the Indian market. Sources told SB that the launch of Google’s ecommerce platform may happen round the time of Diwali this year.Google looks to possess backed out of finance in Flipkart when seeing Walmart shareholders get jumpy post its $16 billion deal to accumulateseventy seven p.c of Flipkart. ‘’Google started having second thoughts because it felt that the valuation that SoftBank cluster, Tiger world(investors in Flipkart) quoted was inflated,’’ a Flipkart government United Nations agencydidn’t wish to be named told the publication.

Google could make its e-commerce in India :

While Google failed to formally reply to the report, a voice told the publication that this is often all “speculation”. However, sources aforementioned that Google has been functioning on its ecommerce plans since the last one year and has been “rather secretive” concerning it. The company’s ecommerce venture is claimed to be LED by Caesar Sengupta, vice chairman of Product Management at Google, United Nations agency conjointly leads its Next Billion User initiative.

Google could make its e-commerce in India – The report additional notes that Google’s Tez payments platform was “launched with the thought of populating the vendor database”. Google conjointly recently invested with $550 million in Chinese ecommerce platform, indicating that the corporate is so serious concerning its plans to enter this area.

Google isn’t the sole one preparation to checkthe ecomm waters in Bharat. Mukesh Ambani LED Reliance Industries and Facebook also arereportedly attending to diversify their offerings in India’s $200 bn value ecommerce market.

Experts believe that the expansion story of ecommerce in Bharat appearance completelyinexperienced. “With the large user base, Bharatlooms as a gorgeous marketplace for retailers. It’s presently calculable that 15 August 1945(200 million) Indian shoppers are looking on-lineby finish of 2018,” aforementioned Adrian Lee, supervisor, Gartner.

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