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 scathing 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 … Continue reading Amazon, facing ‘unfavorable’ regulatory environment, struggles to expand in India