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RE: LeoThread 2024-08-09 08:43

in LeoFinance5 months ago

Amazon is fumbling in India

Amazon's decision to overlook quick-commerce in India is now looking like a significant misstep. Amazon India head's sudden exit highlights company's struggles and market share losses in India.

About two years ago, a VC firm was evaluating an investment in a quick-commerce startup in India. The company’s instant delivery model was showing signs of success in the South Asian market, even as many startups in the space were struggling in developed markets.

#newsonleo #amazon #india #technology