INSUBCONTINENT EXCLUSIVE:
boss took notice of his real rival in India, the only billion-strong consumer market open to Western tech firms
battle for India would be an all-American contest, a new national e-commerce policy doing the rounds in New Delhi should disabuse Bezos of
seen as one of its most decisive edges in the United States Amazon was hoping that those rules would be loosened, but the proposed policy
instead calls for harsh controls on even the phantom sellers that Amazon and Flipkart have been using to get around the no-inventory problem
will be free to control and improve their supply chains while building a fearsome online presence in partnership with his mobile operator,
As the Wall Street Journal noted this week, the move is bound to push up costs for Western firms.This new restriction will probably make it
The Indian central bank is already directing all payment firms like Visa Inc., Mastercard Inc
much less stringent.Besides, similar laws already exist in China
Alphabet, which has no data centers in China, is also looking for a local partner to bring its Google Drive and Google Docs to that country,
Bloomberg News reported recently.Other aspects of the policy may die without Bezos needing to move a muscle
government has rolled out to 1.2 billion Indians.Detractors argue that the biometric database is unsafe, a threat to privacy, and a tool for
digital exclusion because the failure rate of authentications is too high
For business, however, the stakes in the central data repository are significant
Fast customer acquisition made possible by the unique ID database helped Jio sign up 215 million users in just 22 months for its low-priced
new e-commerce rules.The Reliance boss owes it to his shareholders to try to make the most of his home-field advantage
real money.India is pegged to be a $1 trillion digital economy by 2025, and Bezos, Ambani, and the Bansal and Walton families backing
Walmart-Flipkart all want a piece of the action
Bloomberg Gadfly columnist covering industrial companies and financial services
He previously was a columnist for Reuters Breakingviews
He has also worked for the Straits Times, ET NOW and Bloomberg News.)Disclaimer: The opinions expressed within this article are the personal
The facts and opinions appearing in the article do not reflect the views of TheIndianSubcontinent and TheIndianSubcontinent does not assume
any responsibility or liability for the same.(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is
published from a syndicated feed.)
