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知名分析师:未来5年印度市场将贡献亚马逊20%增长

Well-known analyst: the Indian market will contribute 20% of Amazon.Com Inc's growth in the next 5 years.

新浪财经 ·  Oct 28, 2020 10:20

Gene Munster, a well-known technology analyst, believes that although the Indian market now accounts for only Amazon.Com Inc.A small portion of total sales, but the country is expected to be an important growth driver for the company in the future.

Amazon.Com Inc won a victory over the weekend when an arbitration court in Singapore ordered the suspension of a major deal between India's Future Retail Group and Reliance Industries.

In August, Future Retail announced that it would sell its retail, wholesale and logistics operations to Reliance Group for $3.38 billion. Amazon.Com Inc then filed a lawsuit against Future Retail, accusing the company of violating the terms of another deal with Amazon.Com Inc.

"when you think about Amazon.Com Inc and their growth, [they] have experienced almost crazy growth over the past six months," says Mr Munster. But if you imagine normal growth, think about the impact of India, which could contribute 15% to 20% of its growth over the next five years. "

Therefore, after the future retail announced a deal with Reliance Group, Amazon.Com Inc thought that "part of their opportunity, a really important growth driver, and part of this window is starting to close", so this legal challenge will be launched.

So far, Amazon.Com Inc has announced at least $6 billion in investment in India, including a commitment of $1 billion in January to help local small businesses. The company hopes to sell $10 billion worth of Indian-made goods around the world by 2025.

The translation is provided by third-party software.


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