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Amazon's fight with Flipkart hits international margins

Since mid-last year Flipkart's value eroded by a third from a peak of $15.2 billion to as low as $9 billion after several investor markdowns

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Amazon

Alnoor Peermohamed  |  Bengaluru 



Amazon boxes are seen stacked for delivery
Amazon boxes are seen stacked for delivery

Amazon's fight with Flipkart to become India's largest e-commerce marketplace has emerged as the biggest source of drain on its international margins.

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First Published: Fri, October 28 2016. 12:32 IST

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