Amazon in talks to buy 9.9% stake in Reliance Retail arm

[Bapun]

Amazon is in talks to buy a 9.9% stake in the retail arm of Indian conglomerate Reliance Industries, ET Now reported on Thursday, citing sources.

It said that Amazon wants a preferred, strategic stake in Reliance Retail for JioMart.

Amazon in talks to buy 9.9% stake in Reliance Retail arm: Report - ETtech

 

[Bapun]

https://twitter.com/x/status/1286237611925729281

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