ShopAtPlaces.com – Replacing The Middleman In India’s Retail Scene
YoungUpstarts
JANUARY 7, 2013
E-commerce is getting huge in India – according to industry watchers, the industry is expected to grow a compound annual growth rate of 57 per cent and is likely to reach US$34.2 billion by 2015. This trend is spurred by the surge in the use of mobile devices across the country (the number of mobile users in the country is expected to hit over 1 billion by 2015), and as consumers choose to bypass various middlemen and go directly to producers.
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