Wal-Mart announced last week that it will acquire 77% of India's top e-commerce company Flipkart for US$16 billion.“We believe that the e-commerce market in India will grow at a compound annual
growth rate of 21% to US$202 billion over the next 10 years, and Amazon may occupy 35% of the market... This means that Amazon India’s current value Up to 16 billion U.S. dollars,” analyst Mark
May said in a report to customers on Thursday. “In short, we not only believe that investors still underestimate the value of Amazon’s existing emerging international retail market operations and
underestimate them. The speed and value of the company's recent investment in international expansion."
The $16 billion valuation has already made Amazon India's value surpass most of the S&P 500’s 170 companies, including Clorox, Macy’s, and Tiffany.
Mark reiterated his target price for Amazon shares - $ 1900, up 20% from Thursday's closing price.
The analyst also pointed out that Amazon has promised to invest 5 billion US dollars to develop the company's business in India. India, with a population of 1.3 billion, is the second largest country in the
world. "Amazon's investment in India is in line with its long-term success strategy," he said. "For example, the company has aggressively deployed its distribution network in the Indian market to serve
third-party vendors and consumers."
In mid-May, China's leading e-commerce think tank - e-commerce research center will publish "2017 China's export cross-border e-commerce development report", the report will be a detailed review of
China's exports of cross-border e-commerce in 2017, the status of the development of the industry , business models, investment and financing overview, and development trends. The major cross-
border e-commerce platforms and service providers involved are: 1) Export cross-border B2B platforms；2) Export cross-border B2C platform；3) Third-party service provider platform
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