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Flipkart Plays Sore Loser in the Moto G4 Launch

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Flipkart Plays Sore Loser in the Moto G4 Launch

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Flipkart sees some bad days while the company is seeing a mark down in share value by up to 27%, a lot of manufacturers are choosing to go with other Online e-commerce players which offer not only better customer support but have better business practices.

A mutual fund managed by Morgan Stanley has recently marked down the value of Flipkart’s shares by 27%, indicating that global investors believe India’s largest internet company is overvalued.

Flipkart, who had in a press release, mentioned that the value of the company is at $15.2 billion right now. A 27% fall in Flipkart’s share price would imply Flipkart’s valuation now is around $11 billion vs. the 15.2 billion claimed.

But, yesterday’s launch of the Moto G4 was an indication of one of many manufacturers including Lenovo, and now Lenovo-owned Moto, who have shifted their sales to the like of Amazon with higher levels of customer satisfaction. Xiaomi, a brand who had launched in the country with Flipkart has also turned to Amazon this year for offering the Redmi Note 3.

Losing out on flash sales and exclusive launches means that E-commerce giants like Flipkart will also lose out on significant and quick revenues, a large chunk of traffic and customer loyalty.

Flipkart today released a print ad reading  #motoOnFlipkart which is identical to the advertisement done by Amazon for their Moto on Amazon.

It seems that Flipkart is now worried that it is losing a large chunk of its revenue to the likes of Amazon and even Snapdeal, and now foul play mode is on.

Earlier this morning the hashtag #motoOnFlipkart was trending on Twitter and some users noticed.

 

 

 

 

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About The Author
Bharat Nagpal
Founder and Chief Editor of iGyaan. Bharat likes to keep on top of technology ! Follow Him on Google Plus : Google+

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297 Comments On "Flipkart Plays Sore Loser in the Moto G4 Launch"

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Nihshabd Khagam
Guest

Serves them right…

Hem Shah
Guest

Please support Indian Brands , Use Flipkart and Snapdeal instead of Amazon , EBay etc.

Abhishek Mohanty
Guest

Mohammed Akbar Pasha which one flipkart

Mohammed Akbar Pasha
Guest

is service is better buddy

Prince Soni
Guest

Flipkart kei office me amazon ka box U0001f602U0001f445

Mohammed Patel
Guest

I have used both and flipkart service is much better than Amazon.

Mohammed Patel
Guest

Who says flipkart services is not good

Mòhan ChouÐhary
Guest

iGyaan moto g4+ aur redmi note 3(32gb) ma konsa best hai.

Ravindran Vishwas
Guest

All Indian companies are big theif

Dheerendra Binwal
Guest

Hello my Redmi Note 3 was at 38°Cin normal temperature and it went up to 48°C when i did record videos in HD for some time.. Is thisnormal or should I ask for replacement.

Šmart Bø? Farma?
Guest

Flipkart have amazon box

Shivam Sharma
Guest

but amazon is far better than flipkart.

Om Mandavia
Guest

Arindom DasArin wow! Exactly U0001f602U0001f602U0001f602

tashreefi
Guest

aminaijaz bhumika1231 Flipkart amazonIN Unethical to is to show 404page while claiming to offer something at discount #SoreLoserFlipkart

Arindom Das
Guest

Don’t use Facebook use irctc

ImBhaumil
Guest

ratneshnagori  #MotoG4Plus is available on amazon now… Get your #MotoG4PlusOnAmazon http://amzn.to/24Zd35a

aminaijaz
Guest

bhumika1231 Flipkart amazonIN It’s called a smart business move. Nothing unethical about it. Grow up! It’s NOT #SoreLoserFlipkart

Arky Lyngdoh
Guest

This is the best advice for anyone who wants to turn flipkart into an even shittier mess… competition is always good

Souvik Roy
Guest

The one with good service should be chosen.

jcdiva1
Guest

bmd315 Flipkart amazonIN terrible all the way..Never accept this type of chief trick’s #SoreLoserFlipkart http://twitter.com/jcdiva1/status/732938303217917952/photo/1

genioussurfers
Guest

SnehalataJ nishajg kindly follow me

theamita
Guest

UjwalAdiga yeah! this shows Insecurity when you are afraid of losing!
http://bit.ly/27yj0Z2! #SoreLoserFlipkart

SnehalataJ
Guest

nishajg AadarshBalak iam_bajaj Flipkart amazonIN #SoreLoserFlipkart I agreed completely with u igyaan

AadarshBalak
Guest

happychirpings Flipkart ya running same offer on same day is not a good thing amazonIN #SoreLoserFlipkart

AadarshBalak
Guest

NehaYagnik Bondhu_Bongo ya because of such things from Flipkart their business is going down and amazonIN is going #SoreLoserFlipkart

UjwalAdiga
Guest

miss_cherished They badly need one soon!
http://bit.ly/27yj0Z2 #SoreLoserFlipkart

immadhuchandra
Guest

krmayank13 amazonIN igyaan Yes as Flipkart is tensed, they cannot take good decision http://bit.ly/27yj0Z2 #SoreLoserFlipkart

bhumika1231
Guest

minty_tweets Flipkart amazonIN true that thats unexpected #SoreLoserFlipkart

RahulKhatod
Guest

sangeetaagrawa2 How can anybody be so jealous.. Now Flipkart should accept the truth. #SoreLoserFlipkart http://twitter.com/RahulKhatod/status/732931761655549952/photo/1

RahulKhatod
Guest

sangeetaagrawa2 I dont know what’s the problem of Flipkart why they are so jealous of amazonIN #SoreLoserFlipkart http://twitter.com/RahulKhatod/status/732931516079034368/photo/1