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October 9, 2019 10:15 am GMT

Amazon, Walmart confront Indias slowing economy as holiday season growth stalls

Even Indias biggest festive season, featuring blinding marketing blitzkrieg and heavy discounts from Amazon India and Walmart’s Flipkart, has failed to escape the pains of slowing economy. Online retailers in India sold goods worth $3 billion in the six-day festive sale that concluded last week, growing at an impressive 30% since last year, according to […]

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