Sunday 24 September 2017

‘Amazon investment in Shoppers Stop is pure financial deal’


Amazon’s first investment in a brickand-mortar retailer in the country should not be considered a back-door entry by a foreign retailer into multibranded retailing, according to Shoppers Stop which has agreed to sell 5% stake to an investment arm of the US based online giant.

You can read more here: ‘Amazon investment in Shoppers Stop is pure financial deal’

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