Monday, January 29, 2018

Amazon's game theory is to starve competition death in India

The Social Capital Founder, Chamath Palihapitiya Believes That Flipkart Will Survive Only If Investors Pump $2 Bn Every 3 Years. “Amazon’s strategy is probably to starve their competitors to death, and so they’ll keep a steady state of marginal profitability, or unprofitability, that they know they can sustain for the next 10-20 years with the belief that at some point there’ll be massive capitulation. I bet the decision was made five years ago to invest a large amount in winning. I suspect that’s the game theory", He explained.readmore@TOI

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