16
May
2018
|
20:16
Asia/Singapore

What Walmart-Flipkart deal could mean for e-commerce in India

Dr Amitendu Palit and Dr Rahul Choudhury of the Institute of South Asian Studies at NUS opined that with American retail giant Walmart’s acquisition of Flipkart – India’s major online retail platform - India’s online retail would begin to resemble the US e-commerce market, a duopoly where Walmart and Amazon have been competing intensely for years. The rivalry is not limited to the US anymore and is now extending to other markets of the world.