Google Plans Global E-Commerce Debut From India: Report
This move could make Google a key player in the $38.5 billion industry, taking on both Flipkart and Amazon.
Google is planning to get into the e-commerce business and its debut land could be India, reported Business Standard. The launch could come somewhere around Diwali, said the report.
While the American major was in talks about a possible investment in Flipkart, this move could make it a key player in the $38.5 billion industry, taking on both Flipkart and Amazon.
After its deal with Flipkart, Walmart announced that it would like some other global investors to now buy stake in the firm. After initial talks it is learnt that Google backed out after learning that some of Walmart’s shareholders were getting apprehensive about the $16-billion Flipkart deal.
Google is yet to respond to this speculation.
(With inputs from Business Standard)
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