NCarry Shutting Down? Products Are 'Out Of Stock'
@thebigk
•
Oct 19, 2024
Oct 19, 2024
1.0K
Nimbuzz made it big as the popular messaging and social networking client across variety of platform. The company launched NCarry - an ecommerce shop that specialized in mobile phones, tablet PCs and related accessories. It however seems that all the (or most of the) products listed on NCarry website are "out of stock". It could very well be a signal that the ecommerce website is likely to announce shut down.
The mushrooming of ecommerce website might have led to the bursting of bubble. If the stats are to be believed, approximately 50 new ecommerce website start their shop in India every month and get closed down in a matter of few weeks or months. Currently only a handful of the online commerce website are doing 'fine' - and almost all of them have truck loads of cash they raised from venture capitalists.
Interesting things are happening in the Indian ecommerce scene for sure. It's either consolidation of the players or complete shutdown of the players who don't have the cash to sustain in the highly competitive markets. Flipkart used to be a leader on the basis of the discounts they offered on their products, however it now turns out that some of their products are priced a bit above the competition. I wonder how long will that work in their favor.
NCarry seems to be on its deathbed and company twitter account is dysfunctional too. If anyone here purchased from NCarry - please share your experience. What do you think would have gone wrong with NCarry?
The mushrooming of ecommerce website might have led to the bursting of bubble. If the stats are to be believed, approximately 50 new ecommerce website start their shop in India every month and get closed down in a matter of few weeks or months. Currently only a handful of the online commerce website are doing 'fine' - and almost all of them have truck loads of cash they raised from venture capitalists.
Interesting things are happening in the Indian ecommerce scene for sure. It's either consolidation of the players or complete shutdown of the players who don't have the cash to sustain in the highly competitive markets. Flipkart used to be a leader on the basis of the discounts they offered on their products, however it now turns out that some of their products are priced a bit above the competition. I wonder how long will that work in their favor.
NCarry seems to be on its deathbed and company twitter account is dysfunctional too. If anyone here purchased from NCarry - please share your experience. What do you think would have gone wrong with NCarry?