Amazon and Flipkart are expanding their dark-store networks beyond major urban markets as competition and saturation pressure profitability in India’s metro cities.
The development follows confirmation that markets as competition and saturation pressure profitability in India’s metro cities.
Institutions and individuals identified in source material include Amazon, Flipkart, India. Financial news services grouped the update with earnings, deals, and market moves on May 29. No additional independently verified facts beyond the summary and cited sources were available at publication time.
Analyst notes published May 29 tied the item to broader capital-market trends.
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Sources:
https://www.business-standard.com/companies/start-ups