Posted inIndia, South Asia, World

Despite widening losses, Amazon bullish on India

Despite posting nearly five-fold widening of losses in the June quarter, mainly due to its investments in India, Inc has reiterated that it would aggressively pursue its expansion plans in the country. The world’s biggest e-commerce retailer is locked in a battle with home grown Flipkart and has committed to pump in US$ 5 […]

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