In India, Amazon and Wal-Mart further merge online and offline

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11 September 2019 à 10h13

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Publication: 11 September 2019 à 10h13

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Publication

11 September 2019 à 10h13

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Publication: 11 September 2019 à 10h13

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The leading Indian retailer Future Retail (2,000 stores including the supermarket chain Big Bazaar) has signed an historical deal with Amazon. After having purchased Wholefoods in the U.S.A., Amazon is expanding its physical footprint in India, where it took a 3.5% stake in Future Retail via an investment of about US$200 million. The deal would be likely to give Amazon the option to buy 40% of the Future Retail’s shares. As Amazon stopped its Chinese business in April 2019, this also highlights

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