Amazon completed a $152m investment in the Indian unit.

Synopsis

Amazon completed a $152m investment in Amazon Seller Services, an Indian unit. The fresh infusion will provide more ammunition to Amazon to compete aggressively against Walmart-owned Flipkart and billionaire Mukesh Ambani-run Reliance Industries' JioMart in the upcoming festive season.

Principals

target

Amazon (indian Unit)

bidder

Amazon.com

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