Fireurimagination
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yahoo and myspace died because of better innovation out there, other people had better and bigger ideas for social networking.
e commerce businesses are essentially all the same, you sell a product to the buyer through your website and make sure it reaches the intended destination. there is hardly any need for new ideas like social networking sites.
In India Amazon is out to kill Flipkart will sheer muscle power. Offers, exclusive deals, allout advertising and what not all. Flipkarts investors understood that they can't match the might of Amazon and thus Flipkart had to stop competing ad to ad, offer to offer. Amazon plan was to hit Flipkart hard and then try to buy them out. Anybody who can take on Amazon is Walmart, infact it's not Walmart alone but a bunch of investors including Google, they bring a lot on the table for Flipkart to compete with Amazon and also take the business to the next level.