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India's Top E-Tailer Flipkart Eyes Groceries; Renewed Push In Furniture


Ron Burgundy
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The logo of India's largest online marketplace Flipkart is seen on a building in BengaluruBy Sankalp Phartiyal and Euan Rocha BENGALURU (Reuters) - India's top e-commerce player Flipkart plans to move into the groceries space and make a renewed push in the online furniture business, as it expands its product portfolio and looks to outmaneuver global giant Amazon.com in a burgeoning Indian market. Flipkart Chief Executive Binny Bansal said the home-grown e-commerce player plans to begin experimenting with grocery sales next year and scale up operations over a three year period. More and more people in India, a country of over 1.2 billion people, are logging on to the internet to buy everything ranging from clothes to smartphones, making its e-commerce market one of the world's fastest growing.




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