Amazon and Walmart, rivals in the US and many other parts of the world, are on the same page in shrugging off slowdown blues in India. In the run-up to its festive sale, Seattle-based Amazon has said there is no slowdown in online consumer spending in India.
Flipkart, majority owned by Walmart and Amazon India’s biggest competition, is also bullish on the country’s e-commerce segment, ruling out any sign of a downturn as it prepares for Big Billion Day. This, after industry experts pointed at a dip in online buying. According to a report by consultancy firm ...
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