Tag: Amazon India

Amazon India Valued at $16 Billion, Has 30 Percent Market Share: Citi Research

While we are yet to see the impact of Walmart on Flipkart, but Citi Research claims its arch rival Amazon India is worth $16 billion (approximately Rs. 1.09 lakh crores). This is the same amount Walmart has agreed to pay to acquire a 77 percent stake in Flipkart. However, Amazon India has 30 percent market share despite the lower estimated valuation, […]