Port privatisation off, but Santos STS10 terminal concession will be up for grabs
Brazil’s Ministry for Ports and Airports has decided to expand the container handling capacity of ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
The latest news out of the vibrant Indian e-commerce sector is that US retail giant Walmart appears to be on the verge of the country’s largest homegrown start-up – Flipkart. It is a move that would likely bring the ongoing turf war between Amazon and Walmart into the sub-continent and is expected to cost the US retailer around $20bn. But what is it actually buying? In 10 years of operations Flipkart has yet to post a profit, and this blog from Freightwaves argues that Walmart should think hard before agreeing a deal: “To an extent, it looks like Flipkart’s business model lives and dies with the largesse of its investors. Buoyed on by the growth potential of the Indian e-commerce populace and the presence of an investor pool ready to bail it out when pushed to a corner, Flipkart has grown as a company and made a veritable name for itself as one of the largest e-commerce players in the Indian ecosystem.”
Comment on this article