Italy seizes $51m from Rhenus, investigates FedEx, Amazon, GLS & DHL in labour supply probe
Reuters reports that Italian tax police have seized €43.5m ($51m) from the local unit of ...
© Paul Prescott
By Alex Lennane
Amazon may not have won over China, but it has played a different game in India, which appears to be paying off. It started with billions in investment, and a strategy to lure small retailers. Added to a growing motorcycle network, accepting cash on delivery and warehouse investments, it now has an estimated 28% market share, to domestic rival Flipkart’s 43% share. But sales continue to grow. One to watch.
Comment on this article