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India Forms ‘Tip of the Spear’ for Global eCommerce Growth
- India is considered the 'tip of the spear' for global eCommerce growth.
- The India Internet ETF, launched in 2022, has seen a growth of almost 21% this year.
- Zomato, often referred to as the 'DoorDash of India,' has seen its stock surge by 128% this year.
- India's eCommerce and quick commerce market is expected to exceed $6 billion in annual sales by 2024.
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