Amazon makes offline retail push in India
Amazon unleashed a flurry of new products this week at a U.S. press event, but halfway across the world, it is getting deeper into physical retail in the Indian market.
The U.S. e-commerce giant is buying up 49 percent of More in a deal that sees Amazonpartner and PE firm Samara Capital pick up the remaining 51 percent. Amazon and Samara have created an entity called Witzig Advisory Services Private Limited which will hold the ownership stake through the deal, which is reportedly worth arou
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