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March 5, 2014 09:57 am GMT

Walmart Planning E-Commerce Marketplace To Enter India, Challenge eBay, Amazon

India’s e-commerce industry is on fire. After eBay doubled down on its India play by investing $133 million in Snapdeal a week ago, the world’s biggest retailer, Walmart, is now looking to build a marketplace for tapping into the country’s e-commerce industry, which is expected to grow sevenfold to $22 billion over next five years. As this report says, Walmart has already hired a… Read More

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