The company, which has investments in Indian e-commerce and mobile wallet firm Paytm as well as
e-tailer Snapdeal, said mobile revenue contributed 78 % to its China retail revenue and that it now has 450 million monthly active mobile users compared with 427 million at the end of June.
Not exact matches
Beauty
e-tailers also face competition from horizontal e-commerce players such as
Snapdeal, Flipkart, Myntra and Amazon.
It was in the year 2013 that global leader Amazon made an entry into the growing e-commerce Indian market that was mainly dominated by homegrown
e-tailers Flipkart and
Snapdeal.