Just one observation: I've never known anyone in my circle who really used their product. They only bought it for trying it out, due to okayish branding and price point. But i guess they couldn't make repeat customers.
Exactly
Mamaearth is extremelyyyy over valued. They always have Buy 1 Get 1 offers, it all feels very shady. If you can afford to cut down the price of your product by half and still make a profit, how low quality of a product do you manufacture and how much margin do you keep with such products.
I don't have a problem with keeping healthy margin, but problem is deciet and how they are flooding the 'Bharat' market with 3rd quality product.
Good take. But which app?
Indian market is really bad. I’m shifting all my money to the US market now. All in on tech companies. Will open the app after 30 years.
It is over valued and today it’s down by a third in value in two days
The question I guess, we all should be asking, is why was this a $1Bn company so far? If it's a $1Bn consumer brand,...
Mamaearth announced that, they might come with IPO October/November i guess. Who is planning to short this 🤡 ?
There’s no way MamaEarth is worth 10,000 crores, I mean their products are shit, they don’t even manufacture their own products, they don’t have any patents. It’s essentially just a marketing company who have managed to sell mediocre pro...
