Amazon Launches Junglee.com In India

Amazon.com (NASDAQ:AMZN) has launched a new site in India, Jungalee.com, which is a watered-down version of its global shipping portal.The site allows shoppers to compare prices, though most actual purchases must be made through third-party retailers.Amazon.com (NASDAQ:AMZN) has potential upside of 32.8% based on a current price of $177.26 and an average consensus analyst price target of $235.44.

FX_Trdr