Amazon, Flipkart Festival Season Spurs Online Shopping Spree in India

Amazon, Flipkart Festival Season Spurs Online Shopping Spree in India

Run off their virtual feet at the start of India’s festival season, e-commerce companies like Amazon and Walmart owned Flipkart are looking forward to a potentially record breaking few weeks. Any lingering fears that inflation and higher interest rates would dampen consumers’ spirit in Asia’s third largest economy, are being rapidly dispelled. RedSeer, a Bangalore-based consultancy, …

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