Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Is, Inc. (AMZN) Planning To Shift Focus From China To India For Growing Its e-Commerce Business?

After many years of scratching and clawing its way into the Chinese e-Commerce market, has, Inc. (NASDAQ:AMZN) finally accepted the fact that it cannot compete against the domestic e-Commerce giants like Alibaba Group Holding Ltd (NYSE:BABA)? The indication was given when, Inc. (NASDAQ:AMZN) turned to sell its products through Alibaba’s Tmall website. Does this mean that they are trying to get out of China? A Re/Code article discuss about this and gave an outlook for, Inc. (NASDAQ:AMZN) new market, India.

India ETFs

The Re/Code article pointed out that, Inc. (NASDAQ:AMZN) only accounted for 1-3% of online sales happening in China, which is very less. Turning to the biggest competitor in the country is like accepting the defeat with open arms and, Inc. (NASDAQ:AMZN) has done that by turning to Tmall, after years of competition against Tmall and Taobao.

Where else can they focus to grow its business? If the most populous country in the world cannot help the cause, why not look at the fast growing second populous country in the world, India. The article said that some of its sources claim that Bezos is already thinking in that direction.

The article says that, Inc. (NASDAQ:AMZN)’s interest in India was indicated by appointing Amit Agarwal as leader of India business. Agarwal was a long time Amazonian and acted as a shadow/ technical advisor for Bezos in many activities. Sending such an influential person to head India operations shows clear indication that, Inc. (NASDAQ:AMZN) is trying to grow big in India.

Again, India is the fastest growing e-commerce market in the world, with more people getting connected to internet and mobile devices day by day. Another reason for, Inc. (NASDAQ:AMZN)’s interest in India may be the fact that there is no clear leader in India in the e-commerce market as Alibaba leads the Chinese market. Flipkart and Snapdeal are two leading e-commerce businesses in India, but there is abundant opportunity for, Inc. (NASDAQ:AMZN) to make its mark in India and they have obliged to it by investing $2 billion for growing its business in India.

Disclosure: None

I just made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said “I lost money by EXACTLY following your stock picks”. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!