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Thu, Apr 19 2018. 09 00 PM IST
In a letter to shareholders early on 19 April, Amazon chief Jeff Bezos cited data from market analytics firms comScore and SimilarWeb to highlight Amazon’s dominance in India. He also pointed to data from analytics firm App Annie to highlight that the company’s mobile shopping app was the most downloaded shopping app in India last year
Tue, Apr 10 2018. 05 55 PM IST
Thu, Apr 05 2018. 09 19 AM IST
Amazon has held early exploratory talks to buy Flipkart even as the latter closes in on a sale to Walmart. Other than Amazon and Walmart, Google also offered to invest in the e-commerce firm at a valuation of $15-16 billion. Flipkart is seen as one of the most attractive assets in the global internet economy. Launched in 2007, Flipkart has, so far, raised more than $6 billion. Apart from its eponymous platform, Flipkart owns fashion businesses Myntra and Jabong, eBay India and mobile payments firm PhonePe.
Wed, Nov 16 2016. 01 37 PM IST