> Amazon has poured over $7 billion into its India operations over the last decade and competes aggressively with Walmart-backed Flipkart. Amazon is lagging Fli

> Amazon has poured over $7 billion into its India operations over the last decade and competes aggressively with Walmart-backed Flipkart. Amazon is lagging Flipkart and struggling to make inroads in smaller Indian cities and towns, according to a report by Sanford C. Bernstein. Its global rival Walmart, in contrast, is doubling down on India and has spent close to $2.5 billion in the country this year alone. I wonder to what extent this is driven by Amazon recognizing that it is losing to Flipkart in India, and doesn't want egg on its face. I remember when Uber finally threw in the towel in China and conceded to Didi. I wonder if Amazon is planning a similar move in India.