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Flipkart is bigger than Amazon in India: SoftBank CEO
short by Shifa Naseer / on Tuesday, 7 November, 2017
Japanese conglomerate SoftBank's CEO Masayoshi Son has said that Flipkart has 60% share in the Indian domestic e-commerce market and is bigger than Amazon India. Son also said, "It is very difficult to see someone who is bigger than Amazon." Earlier, Flipkart raised around $2.5 billion from SoftBank's $100 billion Vision Fund, making it India's largest investment round.
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