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Wednesday, Jun 19
While Amazon plots a big expansion of its U.S. grocery delivery business, eBay's (EBAY) Indian...
While Amazon plots a big expansion of its U.S. grocery delivery business, eBay's (EBAY) Indian site has begun selling food/grocery items through a section called eBay Daily. 1,600 products, generally packaged goods, are available for sale. eBay's move comes a couple months after it led a $50M funding round for local e-commerce marketplace Snapdeal, and a year after it announced plans to invest heavily in the Indian market, where e-commerce penetration is still low and Amazon (AMZN), which just launched an Indian marketplace site, has been slowed by foreign investment rules.