WALMART DESERVES MORE LOVE FOR ITS FLIPKART WIN OVER AMAZON $WMT $AMZN $EBAY
For contrarian investors, there is an opportunity arising from the stock market loving Amazon on its loss and hating Walmart on its win.
In the U.S., investors are used to Amazon AMZN being No. 1 in e-commerce. However, the future growth is in India and China. To the casual investor, it may come as a shock that, despite massive investments and massive losses, Amazon lags far behind in India. India has 1.3 billion people and e-commerce is in its infancy. Therefore, it matters. Flipkart previously bought India’s eBay EBAY site.
Amazon likes to be No. 1. So Amazon’s solution was to attempt to buy Flipkart.… Please click here or the title below to read more.
May 10, 2018