Seeking Alpha

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.
Comments (2)
  • Logistics is a MAJOR issue in India
    19 Jun 2013, 01:35 PM Reply Like
  • Down here in Colombia we have Domacilios..little motor bike guys that deliver anything for about $1.50.....its third world country....but that is the USA┬┤s future....
    19 Jun 2013, 01:40 PM Reply Like
DJIA (DIA) S&P 500 (SPY)