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Flipkart is No.1 in India but faces a formidable foe in Amazon

Published On 12 Oct 2019 11:52 AM


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Walmart Inc. must ratchet up pressure against rival Amazon.com Inc. to maintain its lead position in India's e-commerce market as both retail behemoths rapidly expand online operations in the South Asian nation, analysts say.

In 2018, Walmart bought a $16 billion majority stake in Flipkart Online Services Pvt. Ltd. giving it a foothold in the country's e-commerce market, which is set to grow to $200 billion by 2026. That figu....


Tags : Flipkart, Amazon, Walmart, Big Billion Days,
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