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Amazon Seems to Be Taming the Competition in This Market

Amazon Seems to Be Taming the Competition in This Market

Amazon (NASDAQ: AMZN) has been fighting a war on two fronts in India this year as the threat posed by Walmart (NYSE: WMT) has been compounded by Reliance Retail's foray into the country's e-commerce space with JioMart. A recent survey commissioned by Bank of America and conducted by SurveyMonkey in India suggests that neither JioMart nor Walmart-owned Flipkart has been able to dent Amazon's prospects in India so far.