India’s Coronavirus Lockdown Could Be a Blessing in Disguise for Amazon
Back in May, India implemented one of the strictest lockdowns in the world to contain the spread of COVID-19. And the government's order to shut down nearly everything except what it deemed essential services threw the country's e-commerce mechanism out of gear. The lockdown severely hurt Amazon's (NASDAQ: AMZN) business in India, for example, as warehouses had to be shut and deliveries had to be suspended to fall in line with government regulations.
But now it looks like the American giant is all set to take advantage of an accelerated shift toward online shopping caused by the lockdown. Let's see how.
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Source Fool.com
