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Amazon, Flipkart battle in India for e-commerce's 'last frontier'

Published Mon, Apr 17, 2017 · 09:50 PM

New Delhi

WITH 100 million new Internet users every year, Amazon is betting big on India, but a major new investment in homegrown rival Flipkart means the battle to dominate the fast-growing e-commerce market is set to heat up.

Flipkart announced last week that top international companies including Microsoft, eBay and China's Tencent had pledged investments totalling US$1.4 billion, among the lar…

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