Wednesday 13 February 2013
India's E-Commerce 'Gold Rush' Fraught With Risks
Source: Yahoo finance
Increasing at an unprecedented pace, India was home to the fastest growing online market among the BRIC (Brazil, Russia, India and China) nations last year, fueling a booming e-commerce market.
The number of unique online visitors in India grew 50 percent in the 12 months to November 2012, according to internet analytics firm comScore, outpacing the likes of China and Brazil, which grew just 2 to 3 percent each.
Tuesday 12 February 2013
Amazon seeks relaxation of India e-commerce rules
Source: PhysOrg
The topic was raised when Paul Misener, Amazon's global vice president, met Indian Trade Minister Anand Sharma in New Delhi. "We talked about it (ending the ban on direct sales to customers)," Misener said after the meeting, adding that the company is always "trying to find a better way to serve our Indian customers, both sellers and buyers". Asked by reporters whether Sharma had made any commitment to change the retail policy Misener replied, "The government of India has been very kind to Amazon.com and we continue to grow here."
The topic was raised when Paul Misener, Amazon's global vice president, met Indian Trade Minister Anand Sharma in New Delhi. "We talked about it (ending the ban on direct sales to customers)," Misener said after the meeting, adding that the company is always "trying to find a better way to serve our Indian customers, both sellers and buyers". Asked by reporters whether Sharma had made any commitment to change the retail policy Misener replied, "The government of India has been very kind to Amazon.com and we continue to grow here."
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