Why Amazon is challenging India’s richest man

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17 June 2021 à 11h35

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Publication: 17 June 2021 à 11h35

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17 June 2021 à 11h35

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Publication: 17 June 2021 à 11h35

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The munitions are flying between Amazon and Reliance Industries, the diversified conglomerate owned by tycoon Mukesh Ambani (telecoms, energy, retail).

Both are fighting to take over the heavily indebted Future Group (1,500 food and fashion stores) and so strengthen their position in the flourishing e-commerce market.

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