Venture Beatrecently published a piece headlined 'India’s e-commerce battle is Watch online Atomic Hotel Erotica (2014)not Indian anymore' that highlighted the battle between Amazon and China's Alibaba Group in the world's fastest-growing e-commerce market.
But there's probably a third player in the game too. And that is Japanese telecom and investment giant Softbank which is suddenly the buzzword in India's e-commerce world.
SEE ALSO: Softbank reportedly wants to merge India's top online retailers to take on AmazonAfter trying to broker a merger between India's homegrown online marketplaces, Flipkart and Snapdeal (where Softbank holds a 30 percent share), it is now looking to invest in the country's biggest mobile wallet firm, Paytm.
Reports suggest that Softbank might put in about $1.5 billion for a 20 percent stake in Paytm thereby valuing the unicorn at over $8 billion.
Softbank's interest in Paytm is noteworthy because the mobile wallet is 40 percent owned by Alibaba, which itself is backed by Softbank.
Also, this comes at a time when there's already talk of Alibaba hiking its stake in Paytm to about 62 percent. If Softbank invests in Paytm, it will end up diluting Alibaba's stake.
Interesting isn't it?
There's also a likelihood that Softbank will merge Snapdeal-owned mobile wallet, Freecharge, with Paytm as both companies are inherently similar.
Snapdeal anyway is struggling to survive in the face of Amazon's aggressive expansion. The Seattle-based firm is now India's second-biggest online retailer trailing only Flipkart. And it is narrowing that gap too.
Snapdeal, which counts Alibaba as well among its investors, had also considered merging with Paytm. Like if there is a business version of a shark fight, India's e-commerce space serves as a perfect landscape for it.
Everyone is deeply connected everywhere. Everyone wants a pie of everything. We're in for a major consolidation with possibly one or two formidable players for the future.
Or as Venture Beatsays, we are in for a "quasi proxy war" between "the Americans and the Chinese". Make that between the Americans and the Chinese-Japanese.
Mashablehas reached out to Softbank for comment.
Astronomers saw one galaxy impale another. The damage was an eye
'The Last of Us' Season 2: Who is Hanrahan?
NYT Strands hints, answers for May 4
Florida vs. Auburn 2025 livestream: How to watch online for free
Waymo data shows humans are terrible drivers compared to AI
Bose and Sony's flagship headphones are on sale
Gift card deals: Lyft, DoorDash, Ulta, and more
Bose and Sony's flagship headphones are on sale
Skype is finally shutting down
Tottenham Hotspur vs. Bodo/Glimt 2025 livestream: Watch Europa League for free
The cicadas aren't invading the U.S.
Garmin Forerunner 165 deal: 20% off at Amazon
Best Beats deal: Save $49.96 on Beats Pill portable speaker
NYT Connections hints and answers for May 2: Tips to solve 'Connections' #691.
Shop Owala's Memorial Day Sale for 30% off tumblers
A NASA probe has just spilled secrets about Jupiter and a fiery moon
Draper vs. Musetti 2025 livestream: Watch Madrid Open for free
What cracked the Milky Way's giant cosmic bone? Scientists think they know.
Best speaker deal: Save $30 on the JBL Clip 5
Today's Hurdle hints and answers for May 3, 2025
One Word: Bitch by Danez SmithBest travel apps 2023, according to Apple.Redux: Revolve on the Past Year by The Paris ReviewThe Provocation of a Good Meal by Maryse CondéStaring at a Digital Black Hole by Amir Ahmadi ArianBest food delivery deal: Amazon Prime members are eligible for a yearLiterary Paper Dolls: Franny by Julia Berick and Jenny KroikI'm 32. Xbox is barred from making XGoogle's Year in Search 2023 was ruled by 'The Last of Us'Best cordless vacuum deal: slash $115 off the Shark Pet cordless vacuum as a Target Circle memberRedux: Revolve on the Past Year by The Paris ReviewThe Provocation of a Good Meal by Maryse CondéDictionary.com names 'hallucinate' its 2023 Word of the YearI'm 32. Xbox is barred from making XBest Dyson cordless vacuum deal: the Outsize Plus is $200 off at Walmart and DysonMicrosoft Copilot now lets you create AI songs from text prompts'The Creator' review: A stunning reminder we need more original sciThe 10 best books of 2023, according to BookTokPorn site names 'giantess' the 2024 fetish of the yearA Bridegroom Called Death by Julia Berick Group of hungry grizzly bears terrorize Canadian family 4 Paralympic athletes clock faster race time than Olympic gold medalist Sorry, Trekkies: CBS delays launch of 'Star Trek: Discovery' Heroic driver rescues 20 children from her burning school bus Clinton's doctor says she's 'healthy and fit to serve' MashReads Podcast: 'Franny and Zooey' is a timeless look at family Compassionate kid donates piggy bank money to mom's charity fundraiser NFL reportedly in talks with Lady Gaga for Super Bowl halftime show Trump tells Dr. Oz he wants to lose weight These 'Teenage Mutant Ninja Turtles' skateboards are pretty rad Diego the tortoise is helping save his species by having lots of sex Don't put words in J.K. Rowling's mouth or she will Tweet you into oblivion What have Colin Kaepernick's protests accomplished? Aussie athlete wins gold in Paralympic tennis and basketball 12 hidden features in iOS 10 Budding soccer star Christian Pulisic is America's saving grace Volvo will hand over this self RIP, arteries: A state fair Herman the cat looks worried, but we promise he's okay Our brains still light up with emotions even when we relax, study finds
2.3674s , 8199.9453125 kb
Copyright © 2025 Powered by 【Watch online Atomic Hotel Erotica (2014)】,Evergreen Information Network