Lagging behind Flipkart, Amazon to launch exclusive smartphones with preinstalled services
Advertisement
Advertisement
The first quarter of 2017 saw
This has initiated Amazon’s fight to reclaim the top position, for which it would be launching exclusive smartphones with services like Prime Video, Kindle and
Also read: Watch out Amazon! Flipkart is looking to end its funding drought with $1.5 billion deal
Data provided by Counterpoint Technology Market Research shows that in the first three months of 2017, Flipkart saw an increased market share of 57%, up from previous quarter’s 51%. On the other hand, Amazon India's share in this quarter fell from 33% to 27% from October to December 2016.
Advertisement
However, Counterpoint also says that Amazon's share would increase in the current quarter owing to the sale of Redmi 4A, which is a budget smartphone gaining popularity.
Amazon India recently saw the launch of Moto G5, which comes with pre installed Amazon services. The Seattle-based retailer is also looking for similar tie-ups with other brands.
"There are three features smartphones are heavily used for, other than calls. Shopping, watching videos, and reading and all of these are right there on top for Moto G5 with Prime Video, Kindle and Amazon Pay. We have very exciting brands coming in though we can't talk about them now," Manish Tiwary, VP (Category Management), Amazon India, told ET.
(Image source BGR)
Advertisement
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market