India's local poster boy of online retail,most seductive sex videos in africa Flipkart, has a big problem. A $5 billion big problem to be precise.
SEE ALSO: Amazon will invest $3 billion in India, its fastest-growing market: Jeff BezosAmazon India may have surpassed Flipkart to become the biggest online retailer in the country last month. This comes weeks after Seattle-based company’s boss announced that he will be investing an additional $3 billion in India, making the total investment in the country to $5 billion dollars in three years.
Amazon India had better gross sales in the month of July, reports Livemintciting five people with knowledge of financial numbers. The American company's Indian subsidiary had gross sales (value of goods sold) of over Rs 2,000 crores, a figure that Flipkart missed. However, when gross sales from Flipkart-owned Myntra, and recently acquired fashion company Jabong are taken into consideration, the Indian company is still at the top, the report added.
Flipkart, however, disputes the claims.
"We continue to have a significant lead over the competition on all important customer parameters including sales. We are also the market leader in the biggest categories of e-commerce including mobiles, fashion, home, electronics and appliances. Our sales are witnessing a steady growth and in the recent months, we have significantly raised the bar of execution, speed of customer delivery and product quality," a Flipkart spokesperson told the publication.
Though Flipkart, founded in 2007, still assumes its lead in the Indian e-commerce market, it is facing more competition than ever from Amazon India, which entered the country in 2013. Flipkart had 37 percent of the market share in India as of March this year, while Amazon India's was pegged between 21 to 24 percent during the same period. To make things worse for Flipkart, Amazon India is attracting more people on the website, according to data from several marketing research firms including web analytics SimilarWeb.
Amazon India has been making aggressive moves in recent months. Last month, the company made its same-day-delivery service Amazon Prime available in over 100 cities in India, and announced it will be bringing its on-demand video streaming service Amazon Video to the country soon. India's e-commerce market is estimated to be worth $119 billion by 2020.
Great Leap to Celebrate 40th Anniversary
Rally Demands Investigation of Wintersburg Fire
PLA showcasing capabilities around Taiwan Island: Expert
People across Taiwan Strait question Lai's civil mobilization plan
‘120 Years Memory’ Screening at WLAUMC
Al Harrington of ‘Hawaii Five
Typhoon Krathon makes landfall in southern Taiwan
This Week in History: 1946
Great Leap to Celebrate 40th Anniversary
Chinese mainland punishes die
An Evening with Renee Tajima
Lai's speech reveals deceptive nature
Matsui Statement on Mass Shooting in Sacramento
Next on ‘Asian Pacific America’: Baldwin Chiu, Larissa Lam
Screening of ‘Nuclear Cattle’ at Art Share L.A.
Chinese PLA conducts Joint Sword
Rally Demands Investigation of Wintersburg Fire
Entry ban issued against two Taiwan secessionists
Умельцы воссоздали GTA в Warcraft III
Hiroshima Marks 40 Years With New Album, Concerts
Deterrence TheoryDeterrence TheoryYouTube is injecting more AI into your recommendationsScientists find subtle clues ancient Mars had rainy days, tooA Hubble scientist was urged not to take a risky cosmic image. He didn't listen.Miss ThingScientists spotted a giant comet spewing gas 2 billion miles from sunFisher of MenNASA says Earth just had the hottest day ever recordedForce Multiplier 4 Cyber Monday laptop deals I can't stop thinking about Best Cyber Monday TV deal: $350 off 85 Shop best home security camera deals: Blink cameras Twitch streamer Ninja shares cancer diagnosis Best health deal: The Waterpik Aquarius water flosser is up to 42% off at Amazon. Best Cyber Monday Apple Watch deals 2024: Save $70 on Series 10 25+ deals from Walmart's Super Spring Savings Week — Dyson, Switch, 4K TVs Save 50% or more at REI through March 11 Emily Ratajkowski has thoughts on the TikTok ban NYT Strands hints, answers for December 3
0.1362s , 12314.8203125 kb
Copyright © 2025 Powered by 【most seductive sex videos in africa】Amazon outstripped Flipkart as India's biggest online retailer: Report,Global Hot Topic Analysis
