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2 major announcements by 2 giants in 48 hours which may have huge impact on online industry

Email sent: May 21, 2020 2:15pm

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In last two days two major players of online business announced entry in new segments, which will take their businesses in new directions further.

Amazon launched food delivery service in India. Amazon launched “Amazon Food”. Looking towards a big opportunity in the market of food delivery business.

Facebook announced their big play in ecommerce, Facebook launched “Facebook Shops”. A move that will provide small businesses a much needed edge. Also this initiative will see community and commerce playing nicely together. Facebook Shops will see amalgamation of WhatsApp Messenger & Instagram DMs. Giving an opportunity to purchase via chat for users.

This shows the potential these sectors have going further.
Food Delivery Apps – Everything You Need to Know

In the current scenario, home deliveries have been precious. Food delivery apps have seen a surge in their use. Several safety issues have been debated. Still, food delivery companies will always remain on the positive side of any situation because of the value the industry has added to its consumers...

Business Models
How does eCommerce Work? Insights into eCommerce Business model and revenue model of eCommerce industry

eCommerce emerged in the 1990s and its use has increased at a very rapid rate. eCommerce is a process by which businesses and consumers can buy and sell goods and services over the internet. Today it is mandatory to spread and develop business through internet...

Business Models
How does Amazon Work: Insights into Business Model and Revenue Analysis

Do you know Amazon was called “Cadabra” in the beginning? But when the lawyer of Jeff Bezos, founder of Amazon misheard the name as “cadaver”, he changed the name to Amazon. Bezos instead named the site from the name of river reportedly for two reasons. One, to suggest scale ( launched with the tagline “Earth’s biggest bookstore”) and two, back then website listings were often alphabetical...

Business Models
Facebook Business Model Analysis – How does Facebook Work & Make Money?

Founded in 2004, Facebook has seen a rise that very few do. Despite all the controversy around Facebook earlier this year, the estimated number of active users for it is over 1.45 billion. Facebook claims that the number of users in the first quarter of 2018 has in fact increased...

Business Models
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