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Losses of top 10 e-commerce companies in India soar, show VCCEdge data

By Rachit Vats

  • 16 May 2016
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Losses of top 10 e-commerce companies in India soar, show VCCEdge data

The combined losses of India’s top 10 e-commerce companies quadrupled to Rs 5,157 crore for 2014-15 from the year before. To be sure, their combined net sales, too, grew phenomenally from Rs 749 crore in 2013-14 to Rs 3,000 crore but it did little to revitalize their sagging financial health. An ......

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