Amazon joins list of foreign firms that got suckered
Passed over by Future Group in favour of Reliance Retail, the e-commerce giant comes face to face with the perils of doing business in India.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Google, Perplexity, Meta, Amazon… how the West won India
Thanks to millions of Indians with cheap data connections and little to do, Big Tech continues to make giant strides in the country. The narrative of an atmanirbhar Bharat in technology is now dead in the water.
Can Amazon pass the diagnostics test?
The e-commerce giant’s entry into the home diagnostics market may have spooked competitors, but it will have to bring its A-game to ace this.
Investor exits at The Good Glamm Group signal a sobering and bitter outcome
Three board members have exited the beauty company, amid a severe cash crunch and an unraveling content-to-commerce narrative. New conversations suggest this billion-dollar story may have been all hype.