Friday, April 22, 2022

Amazon gets social (again); Razorpay’s $80-100 million secondary share sale

This is the first inorganic bet that Amazon is taking on the social commerce space where sellers use platforms like Whatsapp and Facebook to sell their wares. The acquisition is Amazon’s attempt at getting a foothold in this buzzy segment, where many new players have emerged over the past few years, two people aware of the matter told us.

from Tech-Economic Times https://ift.tt/l7MkE5s

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