Google to compete with Amazon & Flipkart

     Written by : SMTV24x7 | Sun, Jun 24, 2018, 11:04 AM

Google to compete with Amazon & Flipkart

New Delhi, June 24: Google is planning to get into the e-commerce business and its debut land could be India, sources said. The launch could come somewhere around Diwali, said the report.

This May Effect the Flipkart and Amazon in near future. Google has come up with the idea of e-commerce to emerge from fast-growing India.

E-commerce business in India at present Experts estimate that it will increase to $ 10 billion in just two years. The US-based Wal-Mart company has already entered the Indian market by buying fthe lip cart. Google feels that it's likely to have a good market share with his image. In fact, Google wanted to buy a Flipkart. However, Google, which recently pulled out of the effort after flipping the stock value, has recently invested $ 55 billion in the Chinese-based JDD.com.

Though Google has not officially announced about India's entry to India, it is reported that plans are being planned for the past year. Google is in the process of initiating India and then expanding to developing countries. Google Strategy is the first to reach around 1.8 crore Gmail users.

After its deal with Flipkart, Walmart announced that it would like some other global investors to now buy the stake in the firm. After initial talks, it is learned 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.