“Consolidation is imminent in the e-commerce space. Unlike other sectors where we can have even 30 -40 players competing with each other, in e-commerce there can be only one or two horizontal players. There can be some niche players providing specialized services and products. But even the verticals will get acquired by the larger players. That is how e-commerce industry has evolved in other markets,”
Harish H V
Partner, Grant Thornton India LLP
This article appeared in My Digital FC on 11th May, 2017.