GIFT a SubscriptionGift
HamberMenu
  1. Cricket
  2. Data
  3. Health
  4. Opinion
  5. SEARCH Icon
  1. Cricket
  2. Data
  3. Health
  4. Opinion
  5. SEARCH Icon

To enjoy additional benefits

GIFT a SubscriptionGift
ShowcaseCrossword+

CONNECT WITH US

year
Click here for our in-depth coverage of Lok Sabha and Assembly elections #ElectionsWithTheHindu

Amazon unit gets ₹1,125-cr. festive boost

September 29, 2020 09:57 pm | Updated September 30, 2020 01:12 pm IST - New Delhi

PTI
The infusion will provide ammunition to Amazon to compete aggressively against Flipkart and JioMart in the festive season.

The infusion will provide ammunition to Amazon to compete aggressively against Flipkart and JioMart in the festive season.

U.S.-based e-commerce giant Amazon has infused fresh capital to the tune of ₹1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents.

The infusion will provide ammunition to Amazon to compete aggressively against Flipkart and JioMart in the festive season. Amazon Corporate Holdings Private Limited, Singapore and Amazon.com Inc. Limited, Mauritius pumped in ₹1,125 crore into Amazon Seller Services, documents sourced by business intelligence platform Tofler showed.

Related Topics

economy, business and finance

Top News Today

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.