Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra!

sgiitk · 19th July 2012, 09:31

I heard some rumours that FlipKart are in financial trouble?

download2live · 19th July 2012, 09:50

^^Might be.
But the way they are treating their employees does not make it look like that.
I yesterday saw Etios taxis plying as shuttle for their employees.

ariendj · 19th July 2012, 10:04

the bad thing about flipkart is they dont have coupons and they tend to get greedy with prices for items that sell well.

For eg. i bought a laptop a week back and it was selling like hot cakes and in 4 days they increase its prices by 2500.

also the feedback in FK isnt a true system.they accept opinions about the flipkart purchase than the feedback on the products!!
on the contrary they quickly delete suggestions regarding poor sales or bad practices related to their website.

Dry Ice · 19th July 2012, 19:49

They have revised the minimum order rate for free shipping again! Some time back they bumped it to 200 and now it's 300.

Zappo · 19th July 2012, 19:55

Also, have they finally killed LB? I was today trying to reach LB after a long time. Nada. It's gone, vanished...

Vid6639 · 19th July 2012, 20:04

Quote:

Originally Posted by Zappo

Also, have they finally killed LB? I was today trying to reach LB after a long time. Nada. It's gone, vanished...

not only killed the site but laid off all the guys going by the news report.

Zappo · 19th July 2012, 20:16

Quote:

Originally Posted by Vid6639

not only killed the site but laid off all the guys going by the news report.

What are you saying?! What did they buy that site for in that case? Looks like that article on why they bought LB was true after all!

skanchan95 · 19th July 2012, 21:12

It really doesn't look like Flipkart is in trouble.

Their delivery time for books they obtain from foreign vendors has gone down drastically. Earlier, they used to take 14-20 days to deliver a book obtained from a foreign publisher. Now the delivery time has reduced to 8 days(from the date of order confirmation).

Just last week I got this book from them(within 8 days from order date).

Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra!-121.jpg

Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra!-122.jpg

Mik · 19th July 2012, 22:18

Quote:

Originally Posted by Vid6639

not only killed the site but laid off all the guys going by the news report.

They did that. Some of those guys are now in our office

tifosikrishna · 19th July 2012, 22:55

Quote:

Originally Posted by Dry Ice

They have revised the minimum order rate for free shipping again! Some time back they bumped it to 200 and now it's 300.

Yes, checked the price of book 'story of philosophy' and flipkart and indiaplaza, there was a marginal difference of Rs. 7. Since I already have an activity a/c with flipkart i went head and placed an order, only to find shipping charge or Rs. 30/-. Jumped ship to indiaplaza and have saved Rs. 37 on a Rs. 215 book.
And indiaplaza has delivered the book in a days time...

Lesson learnt, don't blindly go by flipkart rates for books, they are not among the cheapest anymore...

download2live · 19th July 2012, 23:29

Letsbuy site now is redirecting all the traffic to flipkart.
I remember I bought the 2 TB drive from Letsbuy and saved Rs 990. And got coupons worth Rs 200. I think the way Flipkart goes from here will illustrate the difference between the thinking of Indian minds and the Jeff Bezos of Amazon.

RallyMaster · 20th July 2012, 09:28

FlipKart offers products which are at least 30-40 Rs less than all other online shopping sites. I happened to order AVG antivirus from FlipKart which cost me 544 bucks and the same in AVG site was offered at 1300

, how come so much difference?

Jaguar · 20th July 2012, 23:20

Quote:

Originally Posted by RallyMaster

FlipKart offers products which are at least 30-40 Rs less than all other online shopping sites. I happened to order AVG antivirus from FlipKart which cost me 544 bucks and the same in AVG site was offered at 1300

, how come so much difference?

How can you call the official AVG site as "all other online shopping sites"? The official site will obviously sell for the MRP and even physical stores will give a better price than that.

Please mention which all sites you checked the price from before making sweeping statements and misleading people.

RallyMaster · 21st July 2012, 10:14

Quote:

Originally Posted by Jaguar

How can you call the official AVG site as "all other online shopping sites"? The official site will obviously sell for the MRP and even physical stores will give a better price than that.

Please mention which all sites you checked the price from before making sweeping statements and misleading people.

I am not misleading any one here buddy. I am not a promoter of flipkart and all other shopping sites I meant were like snapdeal and few others I searched via google. Wanted to order baby products where I compared the prices and there were clearly a difference of 30 to 40 bucks.
Cheers!!

Pallavi · 21st July 2012, 18:00

Buying books on flipkart doesnt save much anymore. For an order or 5 books, the prices are Rs.987 (flipkart), Rs. 864 (bookadda) and Rs. 743 (homeshop18).

The difference between flipkart and homeshop18 is too high to ignore. Service of homeshop18 is very good. Got the books within 2 days of ordering and were packed very well.

19th July 2012, 09:31	#61
sgiitk BANNED Join Date: Dec 2007 Location: Gurugram Posts: 7,969 Thanked: 4,788 Times	re: Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra! I heard some rumours that FlipKart are in financial trouble?
	() Thanks

19th July 2012, 09:50	#62
download2live Senior - BHPian Join Date: Feb 2010 Location: - Posts: 1,147 Thanked: 1,144 Times	re: Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra! ^^Might be. But the way they are treating their employees does not make it look like that. I yesterday saw Etios taxis plying as shuttle for their employees.
	() Thanks

19th July 2012, 10:04	#63
ariendj BHPian Join Date: Feb 2008 Location: Sunshine State Posts: 525 Thanked: 156 Times View My Garage	re: Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra! the bad thing about flipkart is they dont have coupons and they tend to get greedy with prices for items that sell well. For eg. i bought a laptop a week back and it was selling like hot cakes and in 4 days they increase its prices by 2500. also the feedback in FK isnt a true system.they accept opinions about the flipkart purchase than the feedback on the products!! on the contrary they quickly delete suggestions regarding poor sales or bad practices related to their website.
	() Thanks

19th July 2012, 19:49	#64
Dry Ice Distinguished - BHPian Join Date: Sep 2008 Location: -- Posts: 3,552 Thanked: 7,262 Times	re: Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra! They have revised the minimum order rate for free shipping again! Some time back they bumped it to 200 and now it's 300.
	() Thanks

19th July 2012, 19:55	#65
Zappo Team-BHP Support Join Date: Oct 2005 Location: Hyderabad Posts: 5,922 Thanked: 2,699 Times	re: Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra! Also, have they finally killed LB? I was today trying to reach LB after a long time. Nada. It's gone, vanished...
	() Thanks

19th July 2012, 21:12	#68
skanchan95 Senior - BHPian Join Date: Jul 2010 Location: Mangalore KA-19 Posts: 1,271 Thanked: 5,418 Times View My Garage	re: Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra! It really doesn't look like Flipkart is in trouble. Their delivery time for books they obtain from foreign vendors has gone down drastically. Earlier, they used to take 14-20 days to deliver a book obtained from a foreign publisher. Now the delivery time has reduced to 8 days(from the date of order confirmation). Just last week I got this book from them(within 8 days from order date).
	() Thanks

19th July 2012, 23:29	#71
download2live Senior - BHPian Join Date: Feb 2010 Location: - Posts: 1,147 Thanked: 1,144 Times	re: Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra! Letsbuy site now is redirecting all the traffic to flipkart. I remember I bought the 2 TB drive from Letsbuy and saved Rs 990. And got coupons worth Rs 200. I think the way Flipkart goes from here will illustrate the difference between the thinking of Indian minds and the Jeff Bezos of Amazon.
	() Thanks

20th July 2012, 09:28	#72
RallyMaster Newbie Join Date: Jun 2012 Location: Thane Posts: 18 Thanked: Once	re: Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra! FlipKart offers products which are at least 30-40 Rs less than all other online shopping sites. I happened to order AVG antivirus from FlipKart which cost me 544 bucks and the same in AVG site was offered at 1300 , how come so much difference?
	() Thanks

21st July 2012, 18:00	#75
Pallavi BHPian Join Date: Aug 2008 Location: Bangalore Posts: 111 Thanked: 38 Times	re: Flipkart takes over Letsbuy. End of Competition? EDIT: Flipkart now buys Myntra! Buying books on flipkart doesnt save much anymore. For an order or 5 books, the prices are Rs.987 (flipkart), Rs. 864 (bookadda) and Rs. 743 (homeshop18). The difference between flipkart and homeshop18 is too high to ignore. Service of homeshop18 is very good. Got the books within 2 days of ordering and were packed very well.
	() Thanks