Snapdeal to invest in logistics to speed up delivery


  • TECH
  • Tuesday, 29 Dec 2015

Booming sector: Cheap smartphones have helped popularise online shopping in India.

MUMBAI: Online marketplace Snapdeal, backed by Japan's SoftBank Group Corp and others, will spend more on logistics and technology to better compete with Flipkart and Amazon's Indian unit, its co-founder said on Monday.

Shopping online is becoming more popular in India due to the rising use of cheaper smartphones and e-commerce firms are struggling to cope with the growing demand and make faster deliveries in different parts of the country.

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