That’s the headline on a story I wrote Tuesday with my colleague Rajesh Roy. It begins: Hoping to match China’s success at protecting and promoting homegrown tech titans, India has plans to continue tightening restrictions on Amazon.com Inc., Walmart Inc., Facebook Inc. and other foreign firms that have come to dominate the country’s budding internet […]
That’s the headline of a story I wrote Thursday with my colleague Corinne Abrams. It begins: India is tightening restrictions on foreign e-commerce companies operating in the country, in a new challenge to Amazon.com Inc. and Walmart Inc. as they bet billions on the nascent market. Current rules forbid non-Indian online sellers from holding their […]
Edition 80 of my email newsletter went out to subscribers yesterday. It’s pasted in below. To get these weekly dispatches delivered to your inbox before I post them here, enter your email address here. It’s free, it’s fun, it’s brief, and few people unsubscribe. Hi friends, thanks for reading Newley’s Notes, a weekly newsletter in […]
Note: From time to time I share notes about the books I’ve been reading, or have revisited after many years. For more such posts, see the Book Notes category The Everything Store: Jeff Bezos and the Age of Amazon, by Brad Stone Published: 2013 ISBN: 0316219282 Amazon link Brief Summary The fascinating story of the […]
That’s the subject of my story yesterday, which begins: Amazon.com Inc. pulled doormats emblazoned with the Indian flag from its Canadian website after the South Asian nation’s foreign minister threatened to oust the Seattle company’s employees. “This is unacceptable,” Sushma Swaraj, India’s foreign minister, wrote on Twitter Wednesday in response to a posting from a […]
The story begins: MUMBAI—A Morgan Stanley investment fund has reduced the valuation of its holding in Flipkart Internet Pvt. by 38%, as India’s leading e-commerce firm faces increased competition from U.S. rival Amazon.com Inc. and others. In a U.S. regulatory filing this week, the Morgan Stanley Select Dimensions Investment Series fund said for the quarter […]
Embedded above and on The WSJ Facebook page here: A colleague and I earlier today discussed my recent story about Amazon’s rapid rise here in India.
The story begins: NEW DELHI– Amazon.com Inc. founder Jeff Bezos, perturbed by his company’s failure to capture much of the massive Chinese market, had a pointed message for executives in India during a visit in 2014: Don’t let that happen here. Do what it takes to succeed and don’t worry about the cost, Mr. Bezos […]