Deal activity in Indian e-commerce sector grows amidst decline in US, China

Deal activity in Indian e-commerce sector grows amidst decline in US, China

A sign of China's e-commerce company JD.com is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. REUTERS/Aly Song/File Photo

Indian e-commerce startups such as Flipkart and Snapdeal have become increasingly important contributors to e-commerce deal activity, along with their early-stage counterparts.

Such companies currently account for one-fifth of e-commerce deals globally, and that level might rise to a new record this year going by the current run-rate data from CB Insights.

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