Only Meesho is in a position to challenge the Flipkart-Amazon duopoly. “Jefferies” said that Meesho is growing faster than the overall growth rate of the ecommerce industry in India.
Meesho On Rise
Upcoming ecommerce policy is expected to impact Flipkart-Amazon the most as both have aggressively expanded in having partnerships and tie-ups with private-label brands over the past few years.
National Ecommerce Policy
CBO Shireesh Joshi told Inc42 that in 2024, ONDC’s focus will be further expansion into cities and vertical expansion. Joshi revealed that large players such as Snapdeal, BigBasket, PhonePe, and Ola have joined the ONDC.
Year Of ONDC
Industry sources revealed that the next leg of growth for Tata & Reliance will come from digitizing their thousands of offline stores, bringing their brands into the digital sphere, and acquisitions.