Amazon's $1 billion loss to further take shine off India's e-commerce industry

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Amazon’s $1 billion loss to further take shine off India’s e-commerce industry

Amazon’s huge investment of $80 million a month didn’t win it favour over customers during the festive season, with rival Flipkart selling more goods, reports Alnoor Peermohamed from Bengaluru.

http://www.rediff.com/business/report/amazons-1...

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