After acquiring the ODV streaming company MX player last June, Amazon (9M 2024 sales: US$450.2 billion, up by 11.2% in a year) took over a second Indian start-up in December. This is Axio, which specialises in BNPL. According to TechCrunch on January 15, the deal is worth US$150 million. Once approved by the Indian central bank, the takeover will enable the American giant to offer this credit service on the e-commerce site in India.
To remember: Since creation in 2013, Axio (formerly Capital...