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Posts Tagged ‘MUMBAI, India’

MUMBAI, India (AP) — Finding a way into India’s vast but vexing market has long frustrated foreign retailers. Now, overseas investors are pouring billions of dollars into e-commerce ventures that are circumventing the barriers holding back retail powers such as Wal-Mart and Ikea.

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MUMBAI, India (AP) — The worlds largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees.

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MUMBAI, India (AP) — India’s largest online e-commerce company, Flipkart, raised $1 billion in new capital this week as the company gears up for competition with Amazon’s push into the Indian market.

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