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UBS says India's internet wars are far from over
Original: India’s internet wars are far from over: ‘Disruption is the only known variable,’ says UBS
UBS says competition in India's internet sector remains intense, with disruption the only known variable as players battle for market share. The bank's comments point to continued pressure on established digital platforms from aggressive new entrants in e-commerce, food delivery and other online services, suggesting the country's long-running internet battles are set to keep reshaping the market.
Why now: UBS's warning that disruption will continue in India's internet sector is drawing attention from investors watching the country's fiercely competitive digital market.
Evidence
- India’s internet wars are far from over: ‘Disruption is the only known variable,’ says UBS · TradingView
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