Amazon Discloses Its Indian Market Growth Trajectory Despite Growing Competition, Regulatory Restrictions: Bloomberg
By Ulises in Business
Updated 3 years ago
Amazon.Com Inc (NASDAQ: AMZN) has empowered Indian exports of $3 billion and created over a million local jobs since its decade-old operations in the nation, partly aided by the pandemic-induced demand for online shopping beyond smartphones and fashion, despite rising competition from Walmart Inc's (NYSE: WMT) Flipkart and Reliance Industries Ltd, along with regulatory restrictions, antitrust inquiry and allegations, Bloomberg reports.