Thread by @samsankhe

1/ #FlipkartWalmartDeal is a bit unfortunate for an Indian the #startup (and the #founder) who had chance to be India's Alibaba (and Jack Ma ).

sam33r.com/home/flipkart

2/ Yes, an awesome deal for #founder & #investors.

400x for Accel Partners & Tiger Global's initial investment.

Softbank wld get 1.5x for $2.5bn within a year.

3/ Could they have become $200 B business on their own, with the original team?

Would Indian market alone have supported the kind of growth Alibaba experienced/ing?

4/ Retail e-commerce sales in 2017 in India is yet tiny compared to China. The whooping e-commerce sales in China is double that of the US.

China: $1,115B
The US: $455B
The UK: $113B
Japan: $95B
Germany: $65B
South Korea: 56B
France: $49B
Canada: $34B
Australia: $21B
India: $21B

5/ Although tiny, India's household spending growth on par with that of China — and at a faster rate than the more mature U.S. market.

6/ Even more mind-boggling is the rate of growth of Chinese e-commerce market:

China: 165%
Argentina: 153%
India: 141%
Indonesia: 120%
Canada: 109%
Mexico: 106%
The Philippines: 94%
Thailand: 92%
Malaysia: 89%
Russia: 87%
Vietnam: 75%
The US: 73%

7/ At least, am happy that Flipkart didn't land in Amazon's hands. That would have been bad for Indian consumers. Together, Amazon and Flipkart, amount for 90% of e-commerce market share in #India.

Well, the regulators wouldn't have allowed it anyway #AntiTrust

8/ ... Now I look forward to Paytm, Ola and MakeMyTrip to carry the baton to create $500B Indian company!