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Announced

Completed

Amazon to acquire GlowRoad.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

E-commerce

Majority

India

e-commerce

Private

social commerce platform

Completed

Friendly

Acquisition

Cross Border

Synopsis

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Amazon agreed to acquire GlowRoad, an e-commerce platform. Financial terms were not disclosed. The acquisition comes at a time when the social commerce industry in India is booming. Amazon said that with GlowRoad, it will help accelerate entrepreneurship among millions of creators, homemakers, students, and small sellers from across the country.

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