SUBSCRIBERS
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…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
France's Casino supermarket chain to axe up to 3,200 jobs
Prada outshines rivals with 16% revenue lift boosted by Miu Miu
Toymaker Hasbro posts quarterly profit beat, slower sales decline
Hilton lifts 2024 profit forecast on international travel demand
China knockoff raid jolts a global throng of fake-fashion influencers
Roche cuts pipeline after research setbacks and sales drop