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Amazon (AMZN -0.4%) is heading to India with its launch of Junglee.com, a smaller version of its...

Amazon (AMZN -0.4%) is heading to India with its launch of Junglee.com, a smaller version of its shopping portal, which will offer 12M products from ~14,000 Indian and global brands. The site allows shoppers to compare prices, but most purchases must be made through third-party retailers. Internet penetration in India remains low, but online retailing is a fast-growing business.
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