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21
Technology / Explaining relationship between delivery partners and Zomato
« Last post by wiredlife on September 08, 2021, 08:18:52 PM »
Food delivery is highly complex as food is a perishable commodity, and requires careful handling while maintaining high levels of hygiene and real-time on-demand service. Zomato has invested in building technological and operational capabilities for real-time, demand  forecasting, fleet optimization, estimation of order preparation and food delivery time, and intelligent dispatch technology, enabling optimized matching of orders and delivery partners. Zomato's delivery network accounted for fulfillment of ~95% of orders received on the platform and the rest were delivered by the restaurant partners themselves in FY2021.

Nearly 95% of Zomato’s headcount is hired directly by it (via its small regional offices where riders can walk-in and get employed) and the remainder belongs to hyperlocal delivery companies such as Shadowfax. Zomato sources agents on its own as it doesn’t find the scale it needs in most cities with other logistics companies.

Per the company, it also maintains medical insurance for hospitalization and accident insurance for delivery partners.

How Zomato Does Earnings Management of Delivery Boys ?
Delivery staff is paid on a per order basis (pay is completely variable for delivery agents), and Zomato ultimately tries to control the overall money a delivery agent makes on an hourly basis such that benefits of higher productivity will be retained by the company.

Delivery cost can vary substantially between Tier-I and Tier-II cities as wage expectations of an agent can be very different. For instance, in a Tier 1 city, if a delivery agent devotes 8 hours a day to Zomato for 24 days a month, they would want to make Rs19,000.

The Social Security Code of India
the concept of workers outside traditional employer-employee work-arrangements (including in online and digital platforms such as Zomato), such as "gig workers" and "platform workers" and provides for the mandatory registration of such workers in order to enable them to avail benefits of life and disability cover, health and maternity benefits, old age protection etc.

22
SmartPhones & Apps / Subscription Services of Food Delivery Apps
« Last post by wiredlife on September 06, 2021, 04:20:39 PM »
Food Delivery Apps indicated that subscription programs are improving consumer retention; driving higher ordering frequencies and helping in expansion of non-food categories. Food-techs therefore continue to push subscriptions despite an impact on revenue per order. Consumers are also increasingly joining these programs due to bundled benefits such as better value proposition, wider selection and quality options. In India, Zomato recently launched Zomato Pro Plus subscription program (presently an invite-only program) that promises unlimited free deliveries to its members (refer media report), while also retaining all the existing benefits of Zomato Pro subscription program. Swiggy too runs its own subscription program called Swiggy Super that offers free deliveries and incremental incentives.

Swiggy too saw strong growth momentum in Jun’21 with daily order volumes growing 2.5x on a YoY basis (~1.5mn orders per day in Jun’21). We expect near-term tailwinds such as reopening of corporate offices and upcoming sports events (such as IPL and T20 World
Cup) to continue to drive strong order volume growth for the industry.
23
5G / Wi-Fi / How do you define 5G ?
« Last post by wiredlife on September 04, 2021, 02:10:49 PM »
5G is next generation wireless broadband access technology, which promises higher data capacity, high data speed (>10Gbps peak , 100 Mbps everywhere), low latency (<1ms), high reliability and low power consumption vs. 4G. 5G is expected to offer better economics as it can potentially reduce data costs per GB to almost 1/10th of 4G.

5G capabilities could open up opportunities for new use cases like autonomous cars, wireless broadband/fixed wireless, and IoT machine to machine communication, which could find applications in various industries like health care, education, and mining as well as be an incremental revenue stream for telco and non-telco over the next few years.
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Web 2.0 / Tech enables Fractional Real Estate Ownership
« Last post by wiredlife on September 03, 2021, 02:24:58 PM »
Fractional ownership, a concept where the ownership of an underlying asset is divided among multiple investors thereby lowering capital requirements and facilitating larger participation. Each investor owns a fraction (or a small percentage) of the underlying property. It enables investors to purchase property across regions and ticket sizes and benefit from rental yields and capital appreciation.

There has been the advent of several prop-tech start-ups such as
Assetmonk,
BRIKitt,
Fracsn,
Grip Invest,
Myre Capital,
Propertyshare,
RealX and
Strata in India.

These start-ups act as aggregators of properties and charge a fee for selling the asset to the investor. The technology required to  onboard an asset after technical and financial due diligence as well as the ability to bring investors on the platform has become a key differentiator. Fractional ownership offers an easy way to buy commercial real estate like one would a financial asset, significantly
expands investor reach and reduces compliance burdens.
25
SmartPhones & Apps / TikTok Ban to help other Social Apps
« Last post by wiredlife on August 18, 2020, 10:30:09 AM »
India removed TikTok and other Chinese apps from their app store because of stealing data of Indian nationals. Following India's bold ban, Trump told reporters that he could ban TikTok from operating in the US through emergency economic powers or an executive order. Treasury Secretary Steven Mnuchin said on Sunday that there was bipartisan agreement that TikTok could not stay in its current format, citing the risk of sending user data back to China on 100mn Americans.

Snap ad manager data suggests MAUs in India have risen 23%, vs +7% in the comparable period pre-ban. We believe an outright ban of TikTok would be a significant tailwind to all social media applications as they would: 1) likely launch similar applications and see an engagement boost; and 2) ease potential pricing pressure related to TikTok's recent self-serve ad launch in the US. We see this scenario as unlikely as press reports indicate Trump has given TikTok 45 days to negotiate a deal.

As far as continued TikTok operations on Microsoft's cloud, we think the US government is unlikely to trust TikTok the protection of US data, and will require a spin-off. Also, on a high level, intervention by the US government will discourage US investment by Chinese companies, a positive for US and other Internet companies worldwide.
26
5G / Wi-Fi / What is Difference between ORAN Vs 5G Standard Gear ?
« Last post by wiredlife on August 17, 2020, 05:37:55 PM »
Some Telcos don't liek to pay for the R&D of Telecom Gear Makers. With the advancement of innovation in Wireless Radio & Computing, together backed by Open Source developers, Telecom players want to deploy ORAN [Open Radio Access Network] Vs the 5G Standard Equipment Developed by companies such as Samsung / Ericsson / Nokia etc

The primary difference between ORAN and traditional gear-makers is that the latter follow the 3GPP standards. For 5G, it is the 3GPP Release 15. The standards are a set of stipulations about different aspects of the network's delivery to customers - for instance, speed, bandwidth requirement and other parameters of service quality. Each equipment maker will attempt to differentiate itself by choosing to improve over the 3GPP standards. In ORAN, the 3GPP standards may either not be followed or perhaps only partially followed. This creates the problem of non-standardisation.

Telecom Networks globally will co-exist with 4G and 5G, thus interoperability between the technologies will also become essential in the years to come. However, the 5G ORAN is recent and therefore, its backward compatibility with standardised 4G networks cannot be taken for granted.

Ericsson, Nokia and Samsung have deep experience in setting up and managing large networks with thousands of towers, which the ORAN-based solutions will not be able to match for some time.

ORAN will be a cheaper solution, because the hardware is already a commodity and the software is now increasingly being written by many developers. While 5G Gears sold Commercial Off the Shelf by companies such as Nokia, Ericsson, Samsung etc will come at a cost.
27
FTTH Broadband / Traffic Trends of Indian Internet Business
« Last post by wiredlife on August 17, 2020, 12:48:21 PM »
In e-Commerce, while Amazon India desktop & mobile-web traffic grew 8% MoM, it was down 6% MoM for Flipkart

Traffic trends for all major real estate classifieds except Housing were broadly flat MoM.

Recruitment classifieds monthly traffic trends improved 2% MoM in Jul 20, with Naukri / Indeed reporting improvement of 3%/1%, respectively while trends were flat for Monster India.

Sequential traffic trends for matrimonials improved 4% in Jul 20, with Shaadi and Matrimony reporting 9%/3% MoM growth, respectively. However, traffiic was down 3% MoM for Jeevansathi.

Amongst, B2B/B2C classifieds, IndiaMART reported 8% MoM improvement in traffic, while Just Dial’s traffic was down 2% sequentially.

In Food Delivery, Zomato reported a 12% MoM growth in desktop & mobile web traffic as per Similarweb data compared to a decline of 3% for Swiggy.
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Web 2.0 / Which are the Companies Acquired by IndiaMart ?
« Last post by wiredlife on August 14, 2020, 07:30:04 PM »
IndiaMart acquired 26% stake in a Bangalore based start-up ? Simply Vyapar Apps (Vyapar), in Sep 2019, for Rs312m. This values the startup at ~Rs1.2bn, which generated revenue of ~Rs14.2m in FY19. Vyapar provides both ? mobile-basedand desktop based ? business accounting software with billing, GST invoice, stock inventory and accounting solutions. [We believe this acquisition was at a considerable premium]

In May 2020, IndiaMart acquired 8.98% stake in Mobisy Technologies (Bizom) for Rs100m, valuing the company at Rs1.1bn. Bizom provides sales force automation and distributor management systems to medium & large businesses. It generated revenue of Rs280m in FY19, clocking 65% CAGR in two years.
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4G / LTE / Airtel 4G Data Usage Per Customer Highest
« Last post by wiredlife on August 10, 2020, 11:00:18 AM »
In a quarter marred by the lockdown, 2mn 4G subscriber additions and 12% QoQ data volume growth indicate smartphone users’ preference for Airtel 4G LTE network as well. Data volume growth was strong at 12% QoQ, taking data consumption further up to 16.6GB, from 15GB per customer. We believe Airtel's highest-in-the-industry data usage per customer would further drive up ARPU going forward.

In our view, Bharti's ability to garner smartphone subscribers despite its premium pricing will aid revenue market share as this segment has the highest propensity to pay and would benefit operators the most, should tariffs rise or the industry consolidate.

We attribute the 50bps QoQ increase in EBITDA margin to lower subscriber acquisition cost and marketing spends, some of which are likely to resurface.
30
Smart Connected Devices / Oppo Mobile Sales in India
« Last post by wiredlife on August 08, 2020, 04:44:01 PM »
Oppo Mobiles India Pvt Ltd are the owners of Oppo SmartPhones  popular brand in India.

Did you know what is the sales of Oppo Mobiles Pvt Ltd for the year ending March 2019 ?
It is a whopping Rs 217,235 Million which is equivalent to Rs 21,723 Crore. The sales of the company for FY 2018 was Rs 12,048 Crore.

Oppo Mobiles India Pvt Ltd is Run by a 33 Year Old Shan He a Citizen of the People's Republic of China

If Oppo Mobile Smart Phone Sales is about US $3 Bn , guess and read the sales of Xiaomi India Pvt Ltd.
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