Amazon is escalating a 'Cold War' with Walmart over the Indian e-commerce market (AMZN, WMT)
Amazon is upping its investment dollars in India in order to compete with Walmart, which just bought Flipkart, the top Indian e-commerce company.
This is part of a "Cold War" in the Indian e-commerce space, a team of Barclays analysts wrote.
The Indian e-commerce market is expected to explode within the next few years.
Watch Amazon trade in real time here.Amazon just struck back against Walmart in the battleground that is the Indian e-commerce market.
Typically Amazon is k
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