The US firm has beaten the local posterboy — now owned by Walmart — though the latter had a six-year headstart. Barclays says the two were neck and neck in 2016-17, but Amazon took a significant lead the following year. Amazon is estimated to have had gross sales of $7.5 billion in the year, compared to Flipkart’s $6.2 billion.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2KCgGuh
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