BENGALURU: Amazon.com Inc's India unit saw a 56 percent rise in the number of local merchants selling to international markets, hitting export sales of over $1 billion, the company said on Tuesday. Amazon launched its Global Selling Program in 2015, as part of its efforts to get more small-and-medium sized vendors on board. More than 80 percent of the company's current export vendors were from small towns and cities, vice president of seller services Gopal Pillai said. Amazon is fighting with Walmart Inc's Flipkart for market share in the country, while dealing with constantly changing government rules. In February, a new set of ecommerce regulations caused widespread disruption on Amazon's India website, when products started disappering from its virtual shelves for some time.

Source: Mint April 30, 2019 10:36 UTC