Only five years after its entry into India – potentially one of the world’s largest e-commerce markets – Amazon (AMZN) is already outstripping its biggest rival Flipkart, according to a recent report. It may be noted that Walmart (WMT) owns a 77% stake in the Bengaluru-based e-commerce firm, and hence Amazon’s lead over Flipkart translates … Continue reading Amazon is thrashing Walmart in the great Indian e-commerce war