Very Quickly: E-Bay is now part of FlipKart. Sulekha pivoted in to local services. Locanto doesn’t seem interested in the Indian market.
OLX & Quikr are in a no holds barred match fighting to dominate the classifieds space. In what appears to be a winner takes all industry, where any price is worth paying (according to some) — it might be prudent to remember that these companies still don’t have to face the ultimate test of survival — the wrath of public markets and shareholders looking for profit. Their only mandate is growth in listings and user base.
Just dial how ever has the same mandate but also has to manage investor expectations.
They maybe behind on the App game, but looking at the results above — I wouldn’t write them off. Far from it.
Thanks for your time,
Ashish
- Team KG
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You can reach me on ashish@kalagato.com
