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E-commerce firms slug it out as Indian festival season kicks off
Reuters With private equity money flows drying up and Amazon.com pledging $5 billion investment to gain ground in India, local e-commerce vendors will be looking to use this season's numbers to show investors their ability to drive sales. Flipkart (IPO-FLPK. Is Indian e-commerce too reliant on the festive season? Big ecommerce festive sales are slowing down, new investment rules might be the cause Updated: Ecommerce sales: Flipkart, Amazon, Snapdeal & Xiaomi: Who sold how much of what |
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