Amazon, facing ‘unfavorable regulatory environment’ in India, struggles to expand

Amazon is lagging its chief rival Flipkart in India on several key metrics and struggling to make inroads in smaller Indian cities and towns, according to a report by investment firm Sanford C. Bernstein. The American e-commerce giant’s 2021 gross merchandise value in the country, where it has deployed over $6.5 billion, stood between $18 […]