“But we do believe that within existing, let's say, commerce apps or payments app, chat will play a very big role, messaging will play.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Kunal Bahl
Opinion
Bahl: Indian e-commerce mirrors China's marketplace ecosystem, not the US
“The Indian market is evolving much more similarly to the Chinese market than the U.S. Market.”
Kunal BahlJan 2, 2019▶ 4:38a16z Podcast | E-commerce, Payments, & More in India's Evolving Retail Landscape
PredictionNot checkable as stated
Bahl: Local Indian startups will out-execute distracted global players like Amazon
“Any big multinational company can't focus all their energy, all their resources, however vast those may be, only on one market. Our speed of execution is materially going to be higher and faster than any market player which has a very large global mandate.”
Kunal BahlJan 2, 2019▶ 22:25a16z Podcast | E-commerce, Payments, & More in India's Evolving Retail Landscape
PredictionNot checkable as stated
Bahl: Low shipping costs guarantee strong long-term Indian e-commerce unit economics
“I think that's a structural advantage for the Indian market, which will ensure that in perpetuity, the economics of e-commerce in India will actually be quite good. Because as people buy more and more high margin stuff and more discretionary items online, the …”
Kunal BahlJan 2, 2019▶ 23:28a16z Podcast | E-commerce, Payments, & More in India's Evolving Retail Landscape
Opinion
Bahl: Indian FDI rules rightly favor marketplace efficiency over capital scale
“We feel it's a very encouraging development. It's actually good for our market, because suddenly building the right and the most efficient marketplace Is far more important than how much capital you have to go and buy a bunch of product and stock it in your wa…”
Kunal BahlJan 2, 2019▶ 33:50a16z Podcast | E-commerce, Payments, & More in India's Evolving Retail Landscape
AssertionSupported
Bahl: Indian e-commerce is unregulated and FDI policy was merely a clarification
“E-commerce in India is Not a regulated space. There are different laws, whether it's a consumer protection law or a labor law, different laws we have to adhere to. But when something is regulated, I would say telecom is regulated in India. There is an authorit…”
Kunal BahlJan 2, 2019▶ 34:24a16z Podcast | E-commerce, Payments, & More in India's Evolving Retail Landscape
PredictionDidn’t hold up
Bahl: India's retail market will hit $1 trillion by 2019
“In India India's retail market is about six hundred billion dollars. Going to a trillion dollars in the next three years.”
Kunal BahlJan 2, 2019▶ 1:16a16z Podcast | E-commerce, Payments, & More in India's Evolving Retail Landscape
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