Factor Daily – Needull in a haystack

paytm

Price war!!!

Alibaba has earmarked $2 billion for Paytm Mall. SoftBank will put in additional money. Paytm Mall will suddenly be flush with cash like its larger rivals. Flipkart has got a $6 billion war chest, and Amazon has $2.5 billion left from Jeff Bezos’ announced commitment to the India market.

With all the money Paytm Mall has, Alibaba plans to make it a price warrior. “Product prices will be about 20-25% cheaper than what Amazon and Flipkart sell them for,” said the first executive. “With deep pockets we will win… In China, too, we offered the products at 25% cheaper than what competitors’ prices. That was the reason for our success.”

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Sunny Sen — Factor Daily

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Impediments come in the form of outraged questions like “Are you saying making money is the only worthwhile use of people’s time? Aren’t family and home as important? What will you do with all the money if your family is not happy?” Good question. So long as it is not directed solely at women.

Impediments come in the form of internalized assumptions about your role. It comes in the form of a woman working to empower other women starting her case with “We are women. We have to take care of our families before everything else.”

It comes in the form of harmless jokes that imply men can’t cook and women can’t read maps or that women irrationally have an upper hand in relationships.

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Jaya Jha — Factor Daily

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