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guilt | 7 years ago
Also, Amazon have tried to crush Flipkart by essentially dumping their money into long term growth in India and Flipkart survived through it.
The Flipkart board would rather side with Walmart than Amazon, even if Amazon matched Walmart's offer. Walmart has ties with manufacturing in India. On the other hand, Amazon and Flipkart run a marketplace (mostly) in India.
Pretty sure Flipkart would have seen this and has taken the right decision in siding with Walmart.
Amazon's loss unless they can really do something about raw materials and manufacturing in India. That is the real deal now.
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