Announced
Completed
Financials
Sources
Tags
Cross Border
shop online
India
E-commerce
Minority
Single Bidder
Acquisition
Friendly
Private
Completed
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.
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