May is turning to be a really hot month both weather wise and deal wise
Global Warming 2.0
Amazon, according to Business Standard, 17th May 2018 is “scouting for offline ally”. This is one of the first stories to break out ever since the mega-deal between Walmart and Flipkart was officially announced last week.
Fair enough, for Amazon to up the game.
But we’re talking deals and deep pockets here today.
Some Interesting shopping sprees:
Walmart: US-based online retailer Jet for $3.3 billion, followed by Shoebuy, Modcloth ( vintage clothes for women ) Bonobos ( Men’s clothing and accessory), Flipkart.
Amazon: the US-based Whole Foods for $13.7 billion, Zappos ( online fashion ), Kiva Systems ( mobile-robotic fulfillment system for inventory distribution centers ) Elemental Technologies ( supplier of software-defined video solutions for multiscreen content delivery ) Lovefilm ( DVD rental service).
Flipkart: Myntra in 2014, Jabong and Phone Pe (mobile payments) in 2016 and strategic tie-ups with Swiggy and Make My Trip.
The idea behind compiling this not so exhaustive list is to understand that shopping is a business strategy. Small players enter the market with an innovative offering, succeed and then get strategically acquired. The big idea being especially in Retail to offer everything a consumer could want from a toothpick to a holiday plan on one platform and to integrate all possible mediums.
It’s difficult to talk about long-term implications for such gigantic business entities but in the short run we get the best deals and that’s what matters.
So far so good. So long as they are business deals
How about some other ones.
There’s a resort in Bengaluru – The Eagleton Resort and Golf Club. Where you’d guess people would go to play golf but hold on we have other games being played in there. That’s Hide & Seek.
That’s the place where the elected MLAs of the Congress Party will be “hidden” so that they can’t be “sought’ by the BJP who has been given a week’s time (probably another deal) to prove majority on the floor of the house. Meanwhile, it is being widely reported and alleged that the deal might be set at 100 crores per person and a cabinet post for free.
Meanwhile, in other parts of the world, Donald Trump and Kim Jong-un might strike a deal to limit nuclear weapons and yeah Trump the Deal Maker will ultimately “win” the Nobel for ushering Peace in the world !!!