Posted inIndia, South Asia

Amazon may buy stake in India’s Future Retail

While American brick-and-mortar retail giant Walmart acquired India’s leading e-commerce firm Flipkart last year, its country rival, e-commerce giant Amazon, is trying to increase its brick-and-mortar retail footprint in India. Amazon is reportedly in an advanced stage of discussions with Future Retail Ltd for picking up an 8-10% stake in the Indian retail chain, Press […]

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