Monday, October 26, 2020

Amazon set for face-off with Mukesh Ambani's RIL for India retail dominance

Amazon drew the battle lines earlier this month when it accused Future of violating a contract between the two sides by agreeing to a buyout by Reliance. The deal would have been a bailout for Future, which faces another potential cash crunch as competition in the Indian retail space intensifies and the economy slows amid the coronavirus pandemic.

from Tech-Economic Times https://ift.tt/3omfJtL

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