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Amazon vs Flipkart: The IPO Race has started – Who will be registered before in India?
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Amazon or Flipkart – Which online Giry online will open the first IPO in India?
New Delhi: Amazon has been reported to launch its IPO for India, and the conversation for the same person began. According to the report by YoursNegotiations are still at the beginning. However, American e-commerce Order of America discussed iPhone plans to Wall Street Street, JP Morgan, report.
The report said the Amazon started a discussion with investment banks in India. A person familiar with the story received Yours The main reason for the Amazon gets itself listed in the Indian market is that it allows the local and easy inventory.
For circumstances, Indian regulations allow domestic companies only adopt income inventory in electronic trade.
This allows business to deliver faster and reduce shipping fees. In contrast, foreign agencies must follow market patterns, acting in a middle-time buyer.
Last week, Amazon invited 8 to 10 investment banks for conversation with its management. While these are preliminary talks, advanced authorities from India and the United States are presented.
The move is coming while Amazon continues to Walmart-Backed Flipkart in market partition. The strong advantage of flipkart in non-metro cities helped it safely, the widespread customer, do its widespread leadership. In addition, Flipkart has initiated the procedure to change his diet to India and planned IPO planning at the end of 2025.
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