Amazon Turns Up the Heat in This Rapidly Growing E-Commerce Market

Amazon (NASDAQ: AMZN) has been facing a slew of challenges in India's fast-growing e-commerce market from the likes of Walmart and local rival JioMart, but the American giant has been taking smart steps to ensure that it remains a top player in that lucrative market.

After giving its grocery business a shot in the arm last month, Amazon has now made another big announcement that shows how it is working toward capturing a bigger share of India's multibillion-dollar e-commerce prize. Let's take a closer look.

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Source Fool.com