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Amazon Adn Flipkart
Amazon Adn Flipkart
Amazon:
Flipkart:
Origin: Flipkart is an Indian e-commerce company founded by Sachin Bansal and Binny
Bansal in 2007. It initially focused on selling books online and later expanded
into various product categories.
Acquisition by Walmart: In 2018, Walmart acquired a majority stake in Flipkart,
marking one of the largest e-commerce deals globally.
Local Focus: Flipkart has been a key player in the Indian e-commerce market,
tailoring its services to the local market, including partnerships with local
businesses and offering services like "Cash on Delivery" to cater to diverse
consumer preferences.
Both Amazon and Flipkart are major competitors in the Indian e-commerce space,
continually expanding their product offerings, introducing innovative features, and
engaging in marketing strategies to capture a larger share of the rapidly growing
online retail market in India. Keep in mind that the business landscape may have
evolved since my last update, so it's advisable to check the latest information for
the most accurate details.